PBoC: plans to expand yuan offshore market
PBoC: plans to expand yuan offshore market
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PBoC: plans to expand yuan offshore market
People’s Bank of China says it plans to expand the yuan offshore market, per Pro, without providing specific timelines or transaction details.
China plans to expand yuan offshore market
***General Trend and Developments*** -The Japanese Yen remains slightly offered amid quarter-end and Gotobi. Sato ’s comments are now keenly awaited, especially ahead of the next BOJ decision [Jul 31st]. However, Japan 2-year bond traders seem unfazed given the stronger demand at auction -The PBOC continued to use its