Ticker: MCHI | Published: 2026-09-25
AI Search: The People's Bank of China released its Q3 monetary policy statement, warning against irrational herd behavior in the foreign exchange market amid rapid yuan appreciatio
The People's Bank of China released its Q3 monetary policy statement, warning against irrational herd behavior in the foreign exchange market amid rapid yuan appreciation. The central bank also pledged countercyclical easing, expanding structural lending and announcing up to 1 trillion yuan in daily liquidity injections over the upcoming holiday period.
Sou