PBOC official says will develop a stable interest rate corridor

Reuters with the headline comments from a People’s Bank of China official on monetary policy

• Yuan inclusion in SDR has limited impact on the framework of china's monetary policy
• China will develop a stable interest rate corridor
• Will make monetary policy stable, but more flexible

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ps ... Reserve Bank of Australia due at the bottom of the hour ...

• Preview, here,
• and Greg's report on techs and ANZ's expectations earlier
• Wpac here