What did the deputy Igang mention about Forex reserves?
PBOC's Zhou Says Yuan to Remain Stable in 2017
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The press conference focused on economic stability amid global uncertainties, with Governor Joe emphasizing a stable outlook but acknowledging potential volatility due to Fed rate hikes. Discussions included the necessity of Forex reserves, corporate debt management, and a gradual approach to leverage. Currency stability was highlighted, with risks from aggressive Fed tightening potentially impacting the Yuan's appeal.
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What are some risks analysts see regarding the currency stability?
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