PBOC: Will keep Yuan basically stable

Reuters reports the key headlines from a brief statement published by the PBOC last minutes.

Will keep Yuan basically stable.

Will maintain prudent, neutral monetary policy.

Will comprehensively use multiple monetary policy tools.

Financial risk prevention one of the major tasks for 2018.

Aims to increase market's role in forming of the exchange rate.

To expand opening up of China's bond market.

Will deepen market-based interest rate reform.