PBoC to roll over lending tools to spur growth

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PBoC to roll over lending tools to spur growth
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PBoC to roll over lending tools to spur growth – by fx_ross PBOC AUDUSD DollarIndex

''The move to extend the lending tools will help "precisely and effectively implement the prudent monetary policy, guide financial institutions to increase support for green development and other areas", the central bank said.

''he central bank is poised to ramp up targeted support for troubled sectors through its structural policy tools, according to policy sources and analysts.'' If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.

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