Nation should make FX rate more flexible for balance: PBOC paper

Dhwani Mehta FXStreet

China PBOC monetary policy department officials published their latest working paper on monetary policy and exchange rate via Bloomberg this Monday.

Key Headlines:

Necessary for nations to coordinate on monetary policy

PBOC fx rate can't fully offset impact of capital flows

Nation should make fx rate more flexible for balance

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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