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.
ADVERTISEMENT - CONTINUE READING BELOW
Preview Mode
Search the website...
Search Forexlive
Search Forexlive
About Forexlive
>
People's Bank of China reduces 1 year Medium-term Lending Facility (MLF) rate to 2.3%
People's Bank of China reduces 1 year Medium-term Lending Facility (MLF) rate to 2.3%
- Previously at 2.5%
ADVERTISEMENT - CONTINUE READING BELOW
Tags
ADVERTISEMENT - CONTINUE READING BELOW
Most Popular
- NASDAQ index continues the record run to the upside. Up 1.3% on the day
- Trump trades continue to strengthen but here's a reminder of 2020
- Lagarde wants bigger banks
- AUDUSD falls to lowest level since early August but bounces higher
- ForexLive European FX news wrap: Dollar soars as Trump wins US presidential election
- 10 year up 16.5 basis points; highest since early July.
- The strong finish for bitcoin is a powerful signal
ADVERTISEMENT - CONTINUE READING BELOW
ADVERTISEMENT - CONTINUE READING BELOW
GMT 00:00:00
LON 00:00:00
NY 00:00:00
TKYO 00:00:00
SYD 00:00:00
Stock Daily Updates
Top Forex Brokers
!"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}