PBOC’s Yi: China to steadily promote capital account convertibility

Dhwani Mehta FXStreet

The People’s Bank of China (PBOC) Governor Yi Gang was on the wires last minutes, via Reuters, noting that China is likely to further open the financial market to foreign investment.

Additional Comments:

China to steadily promote capital account convertibility.

China to push forward Yuan internationalization.

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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