PBoC to tighten offshore RMB liquidity
Subscribe to keep reading.
Trivium Markets keeps you briefed on the latest developments in China markets policy.
Already a subscriber? Log in.
China’s central bank (PBoC) is planning its largest-ever issuance of bills in Hong Kong, a move designed to relieve downward pressure on the yuan.
On Thursday, the PBoC announced it will issue RMB 60 billion worth of six-month yuan-denominated bills in Hong Kong on January 15.
That will be the PBoC...