PBOC to continue prudent monetary policy

Updated: 2011-11-16 17:08


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BEIJING - The People's Bank of China (PBOC), the country's central bank, said Wednesday it would continue to keep the nation's monetary policies prudent while making the policies more targeted, flexible, and prospective.

It said it would closely monitor the changes in economic and financial situations both domestically and globally, and preset or fine-tune the policies when needed.