PBOC: Will ramp up financial support to shore up economic recovery in 2023

, in a bid to shore up economic recovery in 2023, “ the latest statement released after a work meeting for the coming year showed on Wednesday.On top of maintaining sufficient liquidity through a combination of multiple policy tools, the People's Bank of China said it will work to reduce financing costs for market entities and help expand consumption.AUD/USD Price Analysis: Needs to set a platform for a breakout above 0.

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