China's central bank adds $41B liquidity - Breaking The News
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China's central bank adds $41B liquidity

Economy
Christian Baha / NL

1 min read

EPA-EFE/JESSICA LEE

The People's Bank of China (PBoC) injected 300 billion yuan ($41 billion) into the financial system through its one-year lending facility.

The central bank also announced it will keep its Medium-term Lending Facility (MLF) rate steady at 2.00%, aligning with market expectations.

The move follows earlier monetary measures aimed at supporting the economy amid slowing growth.

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