China c.bank will make prudent monetary policy more flexible, targeted


The People's Bank of China (PBOC) said it expected the macro leverage ratio to gradually return to a reasonable level.

BEIJING: China's central bank said on Thursday it will make prudent monetary policy more flexible and targeted, and keep liquidity appropriately ample.

The People's Bank of China (PBOC) said it expected the macro leverage ratio to gradually return to a reasonable level, and vowed to help banks to replenish capital and step up disposal of non-performing loans.

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