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China central bank says will maintain prudent, neutral monetary policy

File photo of a man walking past the headquarters of the People's Bank of China (PBOC), the central bank, in Beijing November 20, 2013. — Reuters picFile photo of a man walking past the headquarters of the People's Bank of China (PBOC), the central bank, in Beijing November 20, 2013. — Reuters picBEIJING, Sept 30 — China’s central bank today 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. — Reuters

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