PBOC taking measures to add flexibility

China's central bank is taking measures to increase the flexibility of its exchange rate, an official with the National Bureau of Statistics said on Thursday 20 April.

NBS spokesman Zheng Jingping told reporters at a news conference that China's current exchange rate mechanism is working well, and that currency reforms that have been enacted will help China's monetary policy and economy.

China recently announced that it has made access to foreign exchange easier for domestic corporations and

Only users who have a paid subscription or are part of a corporate subscription are able to print or copy content.

To access these options, along with all other subscription benefits, please contact info@centralbanking.com or view our subscription options here: http://subscriptions.centralbanking.com/subscribe

You are currently unable to copy this content. Please contact info@centralbanking.com to find out more.

Sorry, our subscription options are not loading right now

Please try again later. Get in touch with our customer services team if this issue persists.

New to Central Banking? View our subscription options

Register for Central Banking

All fields are mandatory unless otherwise highlighted

This address will be used to create your account

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an individual account

.