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PBOC cut MLF by 25 basis points

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Mar 16, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    People’s Bank of China (PBOC) announced another 25 basis points cut in the three month, six month and one year Medium-term Lending Facility (MLF).

    As per Reuters report, PBOC have been asking some banks for their borrowing requirements.
    For more information, read our latest forex news.
     

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