The People’s Bank of China (PBOC) is likely to maintain its monetary policy except for any external emergency, the Economic Information Daily reported on Monday, citing Wang Qing, the Chief Analyst at Golden Credit Rating. Key quotes “China’s monetary policy will remain stable and the PBOC is unlikely to cut banks’ reserve requirement ratios or interest rates barring a major external shock.” “The PBOC may choose to inject medium and long-term liquidity by rolling over the matured MLFs in excess of the required amount.” Market reaction developing story … FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next NZD/USD Price Analysis: Runs into 5-day SMA hurdle, bias remains bearish FX Street 2 years The People’s Bank of China (PBOC) is likely to maintain its monetary policy except for any external emergency, the Economic Information Daily reported on Monday, citing Wang Qing, the Chief Analyst at Golden Credit Rating. Key quotes “China's monetary policy will remain stable and the PBOC is unlikely to cut banks' reserve requirement ratios or interest rates barring a major external shock.” “The PBOC may choose to inject medium and long-term liquidity by rolling over the matured MLFs in excess of the required amount.” Market reaction developing story ... Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
