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...

Snuh-ohez.

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