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China to maintain prudent monetary policy: central bank

A residents shows China's RMB and US dollar banknotes in Qionghai, south China's Hainan Province, Jan. 7, 2016. The central parity rate of the Chinese yuan against the U.S. dollar weakened to 6.5646 per dollar on Jan. 7, the lowest since March 2011. (Xinhua File Photo/Meng Zhongde)

BEIJING, May 14 (Xinhua) -- China will continue a prudent monetary policy, the country's central bank said on Saturday.

A combination of flexible tools will be used to ensure liquidity stays at a reasonably abundant level, the People's Bank of China (PBOC) said in a statement.

Credit growth and growth in private investment are currently stable, liquidity is abundant and interest rates are stable, said the statement.

[ Editor: Zhang Zhou ]