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

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