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

China Materials 24 January 2020 09:39 (UTC +04:00)
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
China central bank raises limit on small bank payments amid virus outbreak

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, Trend with reference to Reuters reports.

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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