PBoC: Reiterates to maintain prudent monetary policy, current economic conditions still in 'reasonable' zone
- Reiterates to maintain reasonable liquidity and credit growth.
- To maintain stable yuan at reasonable level.
**Insight: The "Prudent" monetary approach came into effect in December 2010 which replaced ""moderately loose" monetary policy.
- To maintain stable yuan at reasonable level.
**Insight: The "Prudent" monetary approach came into effect in December 2010 which replaced ""moderately loose" monetary policy.