PBOC to Mint More Money to Keep Yuan Clean
Liao Shumin
DATE:  Feb 18 2020
/ SOURCE:  yicai
PBOC to Mint More Money to Keep Yuan Clean PBOC to Mint More Money to Keep Yuan Clean

(Yicai Global) Feb. 18 -- The People's Bank will issue more banknotes to keep the country's fiat currency intact amid the novel coronavirus epidemic.

Beijing's lenders should store cash in a dry environment for more than seven days before sending it to the local branch of the People's Bank of China, the unit said in a statement today. Cash that has been in hospitals must be stored separately.

Editor: Emmi Laine 

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Keywords:   Novel Coronavirus Pneumonia