PBOC vows to increase liquidity to financial institutions and use lending-facility tools to reduce volatility in China's financial markets.
By Bloomberg News|June 25, 2013 at 11:26 AM
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China’s central bank said that it will use tools to safeguard stability in money markets and that tight liquidity is set to ease, giving the first official signs of relief for a cash squeeze in the world’s second-largest economy.
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