PBoC keeps Medium-term Lending Facility (MLF) rate unchanged at 2.5%

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PBoC keeps Medium-term Lending Facility (MLF) rate unchanged at 2.5%

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    EURUSD Chart By TradingView

    The People’s Bank of China (PBOC), China’s central bank kept the one-year Medium-term Lending Facility (MLF) rate steady at 2.50% on Sunday. Injects 500 billion yuan vs. the 499 billion yuan in MLF maturing today.

    The MLF was last cut in August 2023, from 2.65%.

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