The People’s Bank of China keeps the MLF rate stable for the third month and withdraws the largest cash since 2014
The People’s Bank of China keeps the MLF rate stable for the third month and withdraws the largest cash since 2014


December 25, 2024 12:08 am ETFXI, P.G.J., E.W.H.CAF, USD, GXC, TDF, CHIQ, YINN, YANG, CQQQ, MCHI, CXSE, KWEB, ASHR, KBA, CWEB, KURE, USD:CNY, CNY:USDBy: Meghavi Singh, SA News Editor

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  • The People’s Bank of China (PBoC) launches a one-year medium-term loan facility (MLF) worth CNY 300 billion for financial institutions at the same 2.0% interest rate.

  • This contrasts with the 1.45 trillion CNY in MLF loans that are

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