Will keep monetary policy flexible, neither too tight nor too loose - PBOC

FXStreet (Mumbai) - The Chinese central bank, the PBOC, noted the following at its Q4 monetary policy meeting held earlier today:

Will maintain prudent monetary policy

Will keep monetary policy flexible, neither too tight nor too loose

Will flexibly use various monetary policy tools to maintain appropriate liquidity

To realise reasonable growth in social financing, money supply and credit

Will lower social financing cost

To lower funding costs in the economy

Yuan remains within reasonable range

Cannot underestimate complexities facing china's economy