China's central bank, the People’s Bank of China (PBOC) on Monday kept the one-year Medium-term Lending Facility (MLF) rate steady at 2.50%. The PBOC
China's central bank, thePeople’s Bank of China on Monday kept the one-year Medium-term Lending Facility rate steady at 2.50%.
The PBOC left the seven-day reverse repo rate unadjusted at 1.80% while injecting CNY106 billion via seven-day reverse repos on Monday. Market reaction USD/CNY is trading 0.06% higher on the day at 7.3096 on the above announcement.
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