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PBOC to lower MLF rate to 2.75% from 3.0%

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Jan 19, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    FXStreet (Mumbai) - The People’s Bank of China (PBOC) confirmed that it would reduce Medium Term Lending Facility (MLF) to 2.75% from 3.0%.

    Key Points

    Will keep markets interest rates stable

    Volatility in liquidity has increased ahead of lunar new year

    Will inject yuan 600bln via MLF, SLF and PSL
    For more information, read our latest forex news.

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