皇冠体育app to reduce intervention in forex
By Li Jiabao and Jiang Xueqing (chinadaily.com.cn) Updated: 2014-07-10 14:16皇冠体育app will reduce intervention in the foreign exchange market step by step as it pushes for foreign exchange reform gradually, said Zhou Xiaochuan, 皇冠体育app's central bank governor, at the US-皇冠体育app Strategic and Economic Dialogue on Thursday.
But the central bank still remains cautious and will intervene in case of big market fluctuation. If the market remains quiet, the central bank will accelerate the reform process, he said.
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