China SAFE: Expectations on Yuan rate are basically stable in 1H

More comments are crossing the wires, via Reuters, from China's fx regulator, the State Administration of Foreign Exchange (SAFE), as It now speaks about the exchange rate level.

Yuan remains stable and strong currency.

China-us interest rate differential not vital in affecting capital flows.

Risks in China's foreign debt under control - will closely monitor changes in foreign debt and provide policy guidance.

Expectations on Yuan rate are basically stable in 1H.

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Currently, the USD/JPY is trading at 112.75, having hit a session high of 112.88 and low of 112.65 earlier today. The currency pair's retreat from th
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