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BEIJING, Feb 13 (Reuters) - China's central bank said on Thursday it would adjust its monetary policy at the appropriate time to support the economy, amid rising external headwinds.
"Currently, the adverse effects caused by changes in the external environment have deepened, and challenges such as insufficient domestic demand and numerous potential risks still exist," the People's Bank of China said in its fourth-quarter monetary policy implementation report.

The central bank added it would make comprehensive use of its monetary policy toolkit, including interest rates and its bank reserve requirement ratio, and "adjust the intensity and pace of policy measures based on domestic and international economic and financial conditions."
It said it would keep liquidity ample, promote a reasonable rebound in prices and keep the yuan exchange rate basically stable at a "reasonable and balanced" level.