China central bank raises limit on small bank payments amid virus outbreak

China central bank raises limit on small bank payments amid virus outbreak
  • Clock-gray 09:55
  • calendar-gray 24 January 2020

China’s central bank said on Friday it would temporarily raise the limit on small bank batch payments to 500 million yuan ($72.42 million) from Friday until Jan. 30, to ease fund transfers amid a coronavirus outbreak, APA reports citing Reuters.

The outbreak, which originated in the central city of Wuhan late last year, has killed 25 people and infected more than 800.

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