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PBOC plans to expand relending programme to support economy

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Jan 11, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    FXStreet (Mumbai) - In its latest effort to spur growth in the economy, the Chinese central bank, PBOC, announced over the last hours via Reuters, that it plans to expand the relending program.

    Key Headlines:

    To expand relending programme to support economy

    At end-2015 had relent 4.97 bln Yuan to 31 local financial institutions
    For more information, read our latest forex news.

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