China gives QCB green light to enter interbank bond market
21/04/2014 12:04 am EDT

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The People’s Bank of China has announced that the Qatar Central Bank will be allowed to enter China’s interbank bond market, Gulf Times has reported. This comes after a deal was signed between the two central banks allowing the QCB to purchase Chinese bonds for its foreign-exchange reserves, although the PBOC didn’t say when the agreement will come into effect.

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