PBOC to establish securities, funds to aid capital market stability ...Middle East

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PBOC to establish securities, funds to aid capital market stability
People's Bank of China will establish a SFISE (security, funds and insurance companies swap facility) for 500bn yuan.To build capital market stability. At the margin a positive for stocks and markets in the country more generally. Pan Gongsheng, People's Bank of China governor This article was written by Eamonn Sheridan at www.forexlive.com.

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