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PBOC says it will expand re-lending programme

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

  1. ForexLive

    ForexLive Forum Member

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    Reuters reporting the headline from Peoples Bank of China - at year-end trial PBOC had relent yuan 4.97bln to 31 local institutions - PBOC to maintain prudent monetary policy USDCNH ( offshore yuan) today gained 1%, biggest one-day rise in 4 months to a 1 week high of 6.6170

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