China's central bank kept its key policy rates unchanged on Wednesday, suggesting a hold on benchmark lending rates later this month. Read More...
China’s central bank kept its key policy rates unchanged on Wednesday, suggesting a hold on benchmark lending rates later this month.
The People’s Bank of China injected 481 billion yuan ($70 billion) worth of liquidity into the banking system via its one-year medium-term lending facility at an interest rate of 2.75%. The MLF interest rate, which is used to price the nation’s benchmark loan prime rate, was the same as the previous operation.
The…
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