January 24, 2020 / 5:27 AM / a month ago

China c.bank raises limit on small bank payments amid virus outbreak

BEIJING, Jan 24 (Reuters) - 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.

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

$1 = 6.9040 Chinese yuan Reporting by Judy Hua and Kevin Yao; Editing by Sam Holmes

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