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PBOC: Overseas central banks increased holdings of Yuan-denominated assets

The Chinese central bank, PBOC, said on its micro blog that some international financial organizations and overseas central banks have recently increased their holdings of domestic yuan-denominated assets as the yuan is going to be officially included in the SDR basket, MNI reports.

The PBOC added domestic institutions will continue to provide services to overseas investors to facilitate their investment in the domestic bond market.

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