BEIJING, July 14 (Reuters) - China's cross-border capital flows are basically balanced and the country will prevent sharp fluctuations in yuan, Liu Guoqiang, deputy governor of the People's Bank of China, said during a press conference in Beijing on Friday.
Liu said it is not good to see a too high or too low yuan exchange rate and the moves will not be one way. (Reporting by Kevin Yao; Writing by Ellen Zhang; Editing by Himani Sarkar)
