China central bank reaffirms steady policy with fine-tuning

BEIJING (Reuters) - China central bank said on Tuesday it would keep monetary policy steady with timely fine-tuning to help stabilise economic growth.

The People's Bank of China will use a combination of policy tools to keep liquidity ample, it said in its first-quarter monetary policy implementation report.

The PBOC also pledged to keep the yuan basically stable while pushing reforms to help introduce greater two-way flexibility in the currency. It also pledged to take measures to maintain financial stability and reduce systemic risks.

(Reporting by Kevin Yao; Editing by Ron Popeski)