VOT Research Desk
This Friday morning, Chinese Finance Minister Liu Kun made some amicable remarks. will keep the yuan steady and implement policy stimuli.
will keep implementing the policy package and work to achieve the target of 11 million additional urban employment.
will work to achieve higher results while keeping economy within a fair limit. The economy of China will continue to expand at a sustainable rate, with stable wages and market pricing. maintain the yuan exchange rate generally stable at a suitable and balanced level while continuing to further reform and opening up.
Unimpressed by the aforementioned remarks, the AUD/USD is maintaining slight losses at about 0.6800. On a daily basis, the pair is down 0.09%.
