SHANGHAI: There is no reason for China’s yuan currency to keep falling and Beijing has more room to boost the world’s second-largest economy, the governor of its central bank said on Friday as he sought to reassure markets.
The comments by Zhou Xiaochuan, head of the People’s Bank of China (PBoC), in Shanghai came ahead of a meeting of finance ministers from the world’s top 20 economies in the city, China’s commercial hub.
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