PBOC to maintain 'prudent' monetary policy: Zhou Xiaochuan

Updated: 2013-06-28 13:04


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SHANGHAI - China's central bank will continue to implement prudent monetary policies, but will conduct preemptive adjustments and fine tuning in an appropriate way when necessary, said its chief Zhou Xiaochuan on Friday.

He said the bank will work with other departments to guide financial institutions to maintain reasonable lending level, and will use multiple tools to adjust liquidity and keep the market overall stable, he said at the ongoing Lujiazui Forum in Shanghai.