PBOC kept its key MLF policy interest rate unchanged By ross_burland PBOC China USDCNY
Reuters reported that China's central bank kept the interest rate unchanged on Friday as it rolled over maturing medium-term policy loans, matching market expectations, despite Beijing calling for more monetary stimulus to cushion an economic slowdown.
''With 150 billion yuan worth of MLF loans maturing on Friday, the operation resulted in zero net cash injection into the banking system.'' If not otherwise explicitly mentioned in the body of the article, at the time of writing, the author has no position in any stock mentioned in this article and no business relationship with any company mentioned. The author has not received compensation for writing this article, other than from FXStreet.
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