The People’s Bank of China (PBOC) is planning to improve credit flow into the country’s production sector by introducing an adjustment to financial institutions’ “actual” lending rate for companies, according to Sun Guofeng, head of the PBOC Monetary Policy Department. Key quotes (source: China Daily) We hope (policy fine-tuning) will not surprise the market when it is introduced. Communication with other countries is needed before introducing new policies or “creative monetary policy tools.” The PBOC has good communication mechanisms with other central banks including the US Federal Reserve and the European Central Bank. FX Street FX Street FXStreet is the leading independent portal dedicated to the Foreign Exchange (Forex) market. It was launched in 2000 and the portal has always been proud of their unyielding commitment to provide objective and unbiased information, to enable their users to take better and more confident decisions. View All Post By FX Street FXStreet News share Read Next XRP/USD: Binance allows users to buy XRP through credit cards FX Street 3 years The People's Bank of China (PBOC) is planning to improve credit flow into the country's production sector by introducing an adjustment to financial institutions' "actual" lending rate for companies, according to Sun Guofeng, head of the PBOC Monetary Policy Department. Key quotes (source: China Daily) We hope (policy fine-tuning) will not surprise the market when it is introduced. Communication with other countries is needed before introducing new policies or "creative monetary policy tools." The PBOC has good communication mechanisms with other central banks including the US Federal Reserve and the European Central Bank. Regulated Forex Brokers All Brokers Sponsored Brokers Broker Benefits Min Deposit Score Visit Broker 1 $100T&Cs Apply 0% Commission and No stamp DutyRegulated by US,UK & International StockCopy Successfull Traders 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 2 T&Cs Apply 9.8 Visit Site FreeBets Reviews$100Your capital is at risk. 3 Recommended Broker $100T&Cs Apply No deposit or withdrawal feesTrade major forex pairs such as EUR/USD with leverage up to 30:1 and tight spreads of 0.9 pips Low $100 minimum deposit to open a trading account 9 Visit Site FreeBets ReviewsYour capital is at risk. 4 T&Cs Apply Visit Site FreeBets ReviewsYour capital is at risk. 5 Recommended Broker $0T&Cs Apply Trade gold, silver, and platinum directly against major currenciesUp to 1:500 leverage for forex trading24/5 customer service by phone and email 9 Visit Site FreeBets ReviewsYour capital is at risk.
