China will keep its currency basically stable, says foreign ministry

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 pic
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 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.

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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