⁍ China will seek to improve the flexibility of its yuan currency.
⁍ China will reduce restrictions on cross-border use of the yuan.
– China’s central bank governor says the country plans to make its yuan more flexible and ease restrictions on cross-border use of the currency, Reuters reports. Yi Gang told a conference in Shanghai on Saturday that China will “fine-tune” its currency policy and allow the yuan to rise in value against the dollar, according to the AP.
Source: https://www.reuters.com/article/us-china-pboc-governor/china-will-improve-yuan-flexibility-central-bank-governor-says-idUSKBN27903D