October 14, 2018 / 11:12 AM / a month ago

PBOC preparing for all risks in currency policy, governor tells Bloomberg

FILE PHOTO: Headquarters of the People's Bank of China (PBOC), the central bank, is pictured in Beijing, China September 28, 2018. REUTERS/Jason Lee/File Photo

SHANGHAI (Reuters) - The People’s Bank of China is preparing for all risks in its currency policy, including a worst-case scenario, governor Yi Gang told Bloomberg in an interview.

The Chinese central bank governor said the country’s currency was at a “reasonable and equilibrium level,” Bloomberg quoted Yi Gang as saying.

Reporting by Alexandra Harney; Editing by Mark Potter

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