<p>PBoC on the wires: </p><p>Will further enhance depth and breadth of the currency market</p><p>PBoC will strengthen the flexibility of the RMB exchange rate, and give better play to the role of the exchange rate as an automatic stabilizer for macroeconomic adjustment and balance of payments</p><p>Will resolutely curb big fluctuations of exchange rate </p>
This article was written by Ryan Paisey at forexlive.com.