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PBOC, CN SAFE Lift Macro-prudential Adjustment Parameter for Cross-border Financing
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The People's Bank of China (PBOC) and China's State Administration of Foreign Exchange (SAFE) decided to lift the macro-prudential adjustment parameter for cross-border financing of companies and financial institutions from 1.5 to 1.75, with effect from today (13th).

Related NewsCN Last Dec Exports/ Imports in RMB Terms +10.9%/ +1.3% YoY

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