Econ and Finance - 16 Jun 2020

PBoC underwhelms with MLF injection

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On Monday, the central bank (PBoC) injected RMB 200 billion worth of liquidity into the banking system through its medium-term lending facility (MLF).

That’s not much, given that RMB 740 billion yuan is being sucked out of the market this month as previous MLF injections mature.The PBoC lent the...


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