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PBOC: We support healthy development of the property market
PBOC: WE SUPPORT HEALTHY DEVELOPMENT OF THE PROPERTY MARKET.
— Breaking Market News (@financialjuice) August 1, 2023
Added at 7:58am
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PBOC AND SAFE HOLD A MEETING ON 2023 2H WORK.
— Breaking Market News (@financialjuice) August 1, 2023
Added at 8:06am
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PBOC says to continue to implement prudent monetary policy accurately
Remarks by the Chinese central bank: • To maintain reasonable and sufficient liquidity • To effectively prevent and fend off financial risks in key areas • To maintain stable operation of foreign exchange market • Will strengthen and improve provision of foreign exchange policy. This is just a timely reminder for markets that Chinese authorities are continuing to keep a watchful eye on things at the moment and that they are going to keep up measures to prop up the economy.