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- The People’s Bank of China plans to use a mix of innovative monetary policy tools
The People’s Bank of China plans to use a mix of innovative monetary policy tools
According to the newspaper the Financial News, the People's Bank of China (PBoC) plans to use a mix of innovative monetary policy tools to inject liquidity into the financial system. The central bank wants to make "flexible use" of the new tools.
The new tools should replace foreign-exchange purchases.
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