September 30, 2017 / 9:58 AM / 2 years ago

China central bank says will maintain prudent, neutral monetary policy

FILE PHOTO: A staff member walks in front of the headquarters of the People's Bank of China (PBOC), the central bank, in Beijing, June 25, 2013. REUTERS/Jason Lee/File Photo

BEIJING (Reuters) - China’s central bank on Saturday said it will maintain prudent and neutral monetary policy and use multiple monetary policy tools to keep liquidity basically stable.

The People’s Bank of China will continue with interest rate and exchange rate reform while keeping the yuan basically stable, the bank said in comments on its website following a quarterly meeting of its monetary policy committee.

Reporting by Elias Glenn and Coco Li; Editing by Simon Cameron-Moore

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