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China could loosen its monetary policy due to the trade war deal

Published On 09 Jan 2020 05:51 AM


According to the analyst, Central bank in Beijing keen to ease monetary policy at home on account of the phase one trade deal between the United States and China. It will let fluctuate the yuan exchange rate.

The People’s Bank of China published its work plan for 2020. It said that market will play a decisive role in the determination of exchange rates this year. However, the central bank stood on its ground to state that it wo....

Tags : China could loosen, monetary policy due to the trade war deal , Central bank in Beijing, Central bank in Beijing market,

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