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China central bank says it will keep liquidity ample, lower funding costs

  • The People's Bank of China will make monetary policy more flexible and targeted, the bank said in a statement after a meeting of its monetary policy committee.
Published September 28, 2020

BEIJING: China's central bank said on Monday it will keep liquidity reasonably ample and guide financing costs lower.

The People's Bank of China will make monetary policy more flexible and targeted, the bank said in a statement after a meeting of its monetary policy committee.

The central bank will keep yuan exchange rate basically stable, it added.

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