PBoC keeps 1-year MLF interest rate unchanged at 2.75%
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The People’s Bank of China keeps 1-year MLF interest rate unchanged at 2.75% and the 1-year medium-term lending facility volume Feb 15: 499.0bb (est 500.0b; prev 779.0b).
There has been no reaction in USD/CNY. In recent trade today, the People’s Bank of China (PBOC) set the yuan at 6.8183 vs. the estimate of 6.8196 and the last close of 6.8309.
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