PBOC's Su says yuan flexibility to increase

China will continue to increase the flexibility of the yuan exchange rate and provide more derivative products to allow companies to hedge their currency risk, a vice-governor of the People's Bank of China said.

"We will continue to improve the yuan formation mechanism...and provide more financial derivatives to companies to hedge risk," Su Ning told a business forum here.

"We will make the yuan more reflect changes in the market situation, to be more decided by market demand and supply....to

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