PBoC’s Zhou Says China’s Foreign Exchange Reserve Policy Stable

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7:09 GMT

Jun 2009

PBoC’s Zhou Says China’s Foreign Exchange Reserve Policy Stable

(RTTNews) - China’s foreign exchange reserve policy is always quite stable and there are not any sudden changes, People’s Bank of China Governor Zhou Xiaochuan said Sunday.

Speaking on the sidelines of a central bankers’ meeting in Basel, Switzerland, Zhou said, “Our foreign exchange reserve policy is always quite stable and consistent, that is to say for the purpose of liquidity and safety and the returns.”

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