The People’s Bank of China plans to use a mix of innovative monetary policy tools

Market news

24 August 2015

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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