China central bank ramps up liquidity support via $107bn policy loans
Move aimed at easing stress in market
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Move aimed at easing stress in market
With 500 billion yuan worth of MLF loans maturing, the PBOC is injecting fresh liquidity into the banking system. Market watchers polled by Reuters last week predicted no change to the MLF rate.
China's central bank ramped up liquidity support to the banking system as it rolled over medium-term policy loans on Monday, but kept the interest rate unchanged as expected. ...
SHANGHAI :China's central bank ramped up liquidity support to the banking system as it rolled over medium-term policy loans on Monday, but kept the interest rate unchanged amid concerns about the risk of more sharp yuan declines.The People's Bank of China (PBOC) is walking a tightrope between keeping liquidit