PBOC Adviser Ma: Whether or not Yuan hits level of 7.00 vs. USD 'isn't that crucial'

Comments are crossing the wires now, delivered by PBOC adviser, Ma Jun, in an interview with Bloomberg.
Whether or not Yuan hits the level of 7.00 to the dollar 'isn't that crucial'.
Market players have accepted flexibility in the currency's exchange rate.
Yuan's two-way volatility is similar to other major currencies.
Media shouldn't pay too much attention to whether a specific level could be the bottom line.
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.

















