China’s central bank is undergoing a major restructuring of its departments and personnel. Photo: Reuters
People’s Bank of China sets up department to improve financial oversight
- New unit will help PBOC to build ‘a two-pillar framework consisting of monetary policy and macro-prudential assessment’, economist says
- Agency will take over some of the duties of the Monetary Policy II Department, which has been disbanded
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People’s Bank of China
China’s central bank is undergoing a major restructuring of its departments and personnel. Photo: Reuters