People's Bank of China reduces 1 year Medium-term Lending Facility (MLF) rate to 2.3%

Last week the PBOC left the MLF rate at 2.5%.Cuts today, to 2.3%injects 200bn yuan in a 1 year MLFReuters reporting on a statement from the People's Bank of China. This article was written by Eamonn Sheridan at www.forexlive.com.

Jul 25, 2024 - 07:15
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People's Bank of China reduces 1 year Medium-term Lending Facility (MLF) rate to 2.3%

Last week the PBOC left the MLF rate at 2.5%

.

Cuts today, to 2.3%

  • injects 200bn yuan in a 1 year MLF

Reuters reporting on a statement from the People's Bank of China. This article was written by Eamonn Sheridan at www.forexlive.com.

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