{"id":369666,"date":"2025-02-17T08:01:18","date_gmt":"2025-02-17T02:31:18","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=369666"},"modified":"2025-02-17T08:01:18","modified_gmt":"2025-02-17T02:31:18","slug":"will-continue-to-let-the-market-play-a-decisive-role-in-deciding-the-yuan-exchange-rate-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/will-continue-to-let-the-market-play-a-decisive-role-in-deciding-the-yuan-exchange-rate-crypto-news\/","title":{"rendered":"Will continue to let the market play a decisive role in deciding the Yuan exchange rate &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div id=\"fxs_article_content\">\n<p>Speaking at the AlUla Conference for Emerging Market Economies in Saudi Arabia on Sunday, People&#8217;s Bank of China (PBOC) Governor Pan Gongsheng said that the central bank \u201cwill continue to let the market play a decisive role in deciding the Yuan exchange rate.\u201d<\/p>\n<h2 class=\"fxs_headline_medium\">Additional quotes<\/h2>\n<blockquote>\n<p>Emphasized that a stable yuan is crucial for global financial and economic stability.<\/p>\n<p>Highlighted that while many currencies have depreciated against a stronger us dollar, the Yuan has remained stable despite market volatility.<\/p>\n<p>Noted China\u2019s focus on boosting domestic consumption through policies such as raising household incomes and offering subsidies.<\/p>\n<p>China will implement a proactive fiscal policy and an accommodative monetary policy, with stronger counter-cyclical adjustments to support the economy.<\/p>\n<\/blockquote>\n<p>\u00a0<\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Speaking at the AlUla Conference for Emerging Market Economies in Saudi Arabia on Sunday, People&#8217;s Bank of China (PBOC) Governor Pan Gongsheng said that the central bank \u201cwill continue to let the market play a decisive role in deciding the Yuan exchange rate.\u201d Additional quotes Emphasized that a stable yuan is crucial for global financial [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":369668,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[377,201,248,386,251,246,257,255,250,252,450,247,253,249,256,254],"class_list":["post-369666","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-audusd","tag-blockchain","tag-bsc","tag-centralbanks","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-pboc","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/369666","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=369666"}],"version-history":[{"count":1,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/369666\/revisions"}],"predecessor-version":[{"id":369667,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/369666\/revisions\/369667"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/369668"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=369666"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=369666"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=369666"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}