Back
17 Feb 2020
PBOC injects CNY 200 billion via one-year MLF on Monday
People's Bank of China (PBOC) injected CNY 200 billion via a one-year Medium-Term Lending Facility (MLF) on Monday, as hinted by some sources last hour.
The MLF operation was conducted at 3.15% rate, down from 3.25% seen in the previous operation.
Meanwhile, the Chinese central bank injected CNY 100 billion via seven-day Reverse Repos (RR) earlier today.
- USD/CNH Price Analysis: Weak inside two-week-old descending triangle
- PBOC has set the Yuan reference rate at 6.9795