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Forex Flash: CNH liberalization to facilitate integration with onshore CNY - ANZ

Yesterday, the Hong Kong Monetary Authority announced that improved market liquidity and growing maturity of the offshore RMB (or CNH) market led them to decide the removal of the Net Open Position (NOP) limit (of 20%) and liquidity ratio requirement for the offshore RMB market, the ANZ explained in a note to clients earlier today.
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BoJ committed to double monetary base in 2 years

In an unprecedented short statement on Monetary Policy held today, the Policy Board of the Bank of Japan decided, by a unanimous vote, to set the following guideline for money market operations for the intermeeting period: "The Bank of Japan will conduct money market operations so that the monetary base will increase at an annual pace of about 60-70 trillion yen" the BoJ stated. Bank of Japan continues its pledge to double the monetary base in 2 years.
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