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The Hong Kong Monetary Authority has announced the designation of 11 banks as primary liquidity providers in the offshore renminbi market in Hong Kong for a period of two years and an increase in the total amount of renminbi liquidity available under the

The Hong Kong Monetary Authority has announced the designation of 11 banks as primary liquidity providers in the offshore renminbi market in Hong Kong for a period of two years and an increase in the total amount of renminbi liquidity available under the primary liquidity provider arrangement.