China's central bank keeps MLF rate at 2.5%
The People's Bank of China (PBoC) said on Sunday it decided to maintain its one-year medium-term lending facility (MLF) loans rate at 2.50%, Azernews reports, citing Chinese media.
The bank added that it injected 500 billion yuan liquidity to the banking system via the one-year MLF, with 499 billion yuan expiring, bringing the net injection to 1 billion yuan.
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