China will improve yuan flexibility, central bank governor says

October 24, 2020

SHANGHAI (Reuters) – China will seek to improve the flexibility of its yuan currency and will reduce restrictions on cross-border use of the yuan, the country’s central bank governor Yi Gang said on Saturday.

Yi was speaking at the Bund Summit conference held in Shanghai.

(Reporting by Samuel Shen and Brenda Goh; Editing by Tom Hogue)

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