Money - International
China will keep its currency basically stable, says foreign ministry
An advertisement poster promoting Chinas renminbi (RMB) or yuan, US dollar and Euro exchange services in Hong Kong in this August 13, 2015 file photo. u00e2u20acu201d Reuters pic

BEIJING, Jan 14 — China’s Foreign Ministry said today that China would keep its currency basically stable.

Ministry spokesman Geng Shuang made the comments at a daily news briefing in Beijing.

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The US Treasury Department yesterday removed its designation of China as a currency manipulator ahead of the planned signing of a trade deal between them tomorrow. — Reuters

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