PBOC Adviser Huang: China should further increase the flexibility of Yuan exchange rate

The Financial News, a PBOC publication, carried comments from the Chinese central bank adviser Huang Yiping on the Yuan exchange rate flexibility.

Key Headlines:

China should further increase the flexibility of Yuan exchange rate

And reduce intervention in the foreign-exchange market to achieve Yuan’s "clean float"

"Market confidence in the renminbi (Yuan) is strengthening, while expectations of devaluation are getting ever weaker." 

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