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China c.bank says to keep yuan basically stable, continue stable, neutral monetary policy

monetary policy@

SINGAPORE, Aug 11 (Reuters) - China's central bank said on Friday that it will keep the yuan currency basically stable, while maintaining a stable and neutral monetary policy.

The People's Bank of China will also fend off systemic risks and use multiple monetary policy tools to ensure financial stability in the world's second largest economy, it said in its second-quarter monetary policy implementation report. (Reporting by Lee Chyen Yee in Singapore and Meg Shen in Hong Kong; Editing by Kevin Liffey)