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PBoC mirrors politburo stance in mid-year meeting while eyeing further internationalisation of yuan
Analysts say they expect only moderate policy rate cuts in China during the remainder of this year after the country’s top leadership and its central bank last week issued separate statements on monetary policy.
The People’s Bank of China (PBoC) held its mid-year meeting on August 1 and outlined a seven-point policy plan for H2 2025. The central bank said this would include pursuing a “moderately loose” monetary policy and increasing international usage of the yuan.
The central bank said this
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