Thursday, April 14, 2022

China keeps medium-term policy rate unchanged

The People's Bank of China (PBOC) said it was keeping the rate on 150 billion yuan ($23.52 billion) worth of one-year medium-term lending facility (MLF) loans to some financial institutions unchanged at 2.85% from the previous operation, to "maintain banking system liquidity reasonably ample", according to an online statement.

from Business News: Latest News on Business, Stock Markets, Financial News, India Business & World Business News https://ift.tt/HphmVOR

No comments:

Post a Comment