Xinhua – China`s yuan to stay stable despite speculating forces: PBOC

China`s central bank is capable of keeping the yuan „basically stable at a reasonable equilibrium level“ in spite of „speculating forces,“ according to an editorial on the bank`s website Thursday. The reassurance, made by the People`s Bank of China (PBOC), came as the currency`s central parity rate lost 332 basis points to 6.5646 against the U.S. dollar on Thursday, the lowest level since March 18, 2011, data from the China Foreign Exchange Trading System showed.