PBoC says will make it easier for foreign investors to invest in Chinese bonds, stocks

Market news

14 August 2020

PBoC says will make it easier for foreign investors to invest in Chinese bonds, stocks

Will push forward with yuan internationalisation
Will remove obstacles for use of yuan both domestically and overseas
Will make it easier for foreign investors to use yuan to invest in Chinese markets
Will promote healthy development of the offshore yuan market
Will strengthen monitoring of cross-border capital flows
Will use counter-cyclical adjustments to prevent risks from cross-border capital flows

EUR/USD: Key support stays intact at 1.1699/97 to keep immediate risk higher - Credit Suisse

The US dollar is likely to remain weak - Charles Schwab

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