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China determined to keep 'normal' monetary policy: People's Bank of China official
Reuters
Last Updated IST
Headquarters of the People's Bank of China (PBOC), the country's central bank. Credits: Reuters
Headquarters of the People's Bank of China (PBOC), the country's central bank. Credits: Reuters

China's determination to maintain a "normal" monetary policy will not change, said Sun Guofeng, head of the monetary policy department at the People's Bank of China.

China's monetary policy direction will not change and its flexible and appropriate approach will not change either, said Sun.

He added that the uncertainty stemming from the coronavirus pandemic called for increased certainty in monetary policy.

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(Published 25 August 2020, 12:23 IST)