14 Hrs
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الاقتصادية
China's Central Bank Offers Yuan Liquidity to Foreign Banks
The Chinese central bank has launched a new mechanism to provide liquidity in yuan to foreign institutions through repurchase agreements, aiming to support the opening of financial markets and promote the international use of the yuan. This step is part of efforts to expand the presence of the Chinese currency in global markets and improve the efficiency of short-term interest rate management, as well as to strengthen Shanghai's role as a major financial hub for yuan transactions.
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