HKMA offers short-term yuan liquidity
Updated: 2012-06-15 07:20
By Oswald Chen(HK Edition)
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The Hong Kong Monetary Authority will provide one-week yuan funds to local banks to boost the short-term yuan liquidity in order to defend any Renminbi shortage that may arise in the foreseeable future. Nelson Ching / Bloomberg |
New facility to enable local institutions to meet occasional tightness of reminbi funds
oswald@chinadailyhk.com
(HK Edition 06/15/2012 page2)