SHANGHAI/SINGAPORE — China's central bank left a key policy rate unchanged as expected on Monday when rolling over maturing medium-term loans, and drained some funds from the banking system.
The steady MLF (medium-term lending facility) rate comes in line with market expectations, as narrowing interest margins and a weakening currency remain key constraints limiting Beijing's scope to ease monetary policy to support the world's second-largest economy.
Already have an active account? Log in here.
Continue reading with one of these options:
Continue reading with one of these options:
Premium + Digital Edition
Ad-free access
P 80 per month
(billed annually at P 960)
- Unlimited ad-free access to website articles
- Limited offer: Subscribe today and get digital edition access for free (accessible with up to 3 devices)
TRY FREE FOR 14 DAYS
See details
See details
If you have an active account, log in
here
.