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iNews World
Home China central bank raises limit on small bank payments
English International

China central bank raises limit on small bank payments

By Zoombangla News DeskJanuary 25, 20201 Min Read
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China’s central bank has temporarily raised the upper limit on small bank batch payments in support of the country’s fight against the novel coronavirus-related pneumonia.

The People’s Bank of China said Friday that it has raised the upper limit on small bank batch payments to 500 million yuan (about 72.4 million U.S. dollars) from Jan. 24 to 30 to ease fund transfers in the fight against the pneumonia caused by the novel coronavirus.

Some 830 confirmed cases of the pneumonia had been reported in 29 provincial-level regions in the country by the end of Thursday.

Among them, 34 had been cured and discharged from hospitals, according to the National Health Commission.

A total of 1,072 suspected cases have been reported in 20 provincial-level regions, according to the commission.


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bank central china english international limit payments raises small
Zoombangla News Desk
  • X (Twitter)

As a News Desk Editor, I manage the fast-paced environment of the newsroom with a focus on accuracy, clarity, and impactful storytelling. With a solid background in journalism and years of experience in coordinating daily news operations, I take pride in assigning stories, guiding reporters, and ensuring our coverage meets the highest editorial standards. I’m passionate about delivering timely and responsible news to our audience, and I strive to uphold the values of ethical journalism in everything I do. My role also involves collaborating closely with various teams to keep our workflow smooth and our content relevant and engaging.

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