China central bank and forex regulator meets with foreign financial institutions

<p>The PBOC is out with some comments noting that China will improve its policies and create a more market-oriented and international-level business climate. I would look past the smoke and mirrors here as the meeting seems to involve the forex regulator for some reason. Also, there are plenty of things going on behind the scenes in China right now. Not least after this report from last week:</p><ul><li><a href="https://www.forexlive.com/news/pboc-calls-on-banks-to-hold-off-on-immediate-dollar-purchases-report-20230914/" target="_blank" rel="follow">PBOC calls on banks to hold off on immediate dollar purchases – report</a></li></ul>

This article was written by Justin Low at www.forexlive.com.