China enhances liquidity support for banking system.
M2 EQUITYBITES-October 16, 2023--China enhances liquidity support for banking system
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Global Banking News - 16 October 2023
The government of China has increased liquidity support for the nation's banking system, according to Reuters.
The move came as the nation's apex bank (PBOC) rolled over medium-term policy loans on Monday. It however kept its interest rate unchanged.
The PBOC is attempting to maintain ample liquidity, while also looking...
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