Vice Head of the National Development and Reform Commission , the country’s state planner, said on Monday that “China will unswervingly promote the market opening.”Additional comments“China's economy faces many difficulties and challenges.”“China's consumer inflation is moderate.”
Meanwhile, the country’s State Reserves chief said that they “will further increase reserve capacities for key commodities.”is shrugging off the PBOC’s operations and Chinese commentary. The spot is trading near-daily highs of 0.6236, up 0.60% on the day. If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.