SHANGHAI/BEIJING, June 19 (Reuters) - China's foreign exchange regulator said on Wednesday it will closely monitor changes in external environment to prevent the yuan exchange rate from overshooting, and guard against risks from abnormal cross-border capital flows.
Zhe Hexin, head of the State Administration of Foreign Exchange (SAFE), told the annual Lujiazui Forum in Shanghai that China's forex market is resilient. (Reporting by Shanghai and Beijing newsrooms; Editing by Himani Sarkar)