China's FX regulator: Small fluctuations in current account is normal

China's FX regulator said on Friday that small fluctuations in the small fluctuations in the current account are normal and there is no need to panic, according to Reuters. 

Key quotes

• China's current account has the conditions, fundamentals to stay within a reasonable range in the future.
• Cross-border capital flows to remain stable in H2
• china's current account to register a surplus in Q2
• Expects current account surplus in h1 2020 due to an increase in Q2.