China Central Bank PBOC to Reduce Reserve Ratio Requirement by 0.5% for China Banks on 5th February 2024, Creating $139 Billion in Long-Term Liquidity for China Banks
25th January 2024 | Hong Kong
China central bank People’s Bank of China (PBOC) is reducing reserve ratio requirement by 0.5% for China banks on 5th February 2024, creating $139 billion (CNY 1 trillion) in long-term liquidity for China banks. Earlier in January 2024, China central bank People’s Bank of China (PBoc) kept the Medium Term Lending Facility (MLF) 1-year rate unchanged at 2.5%, and injected $139 billion (CNY 995 billion) liquidity into market via the Medium Term Lending Facility (MLF).
“ China Central Bank PBOC to Reduce Reserve Ratio Requirement by 0.5% for China Banks on 5th February 2024, Creating $139 Billion in Long-Term Liquidity for China Banks “
China Central Bank People’s Bank of China Medium Term Lending 1-Year Rate Unchanged at 2.5%, Injects $139 Billion Liquidity into Market via Medium Term Lending
19th January 2024 – China central bank People’s Bank of China (PBoc) has kept the Medium Term Lending Facility (MLF) 1-year rate unchanged at 2.5%, and injects $139 billion (CNY 995 billion) liquidity into market via the Medium Term Lending Facility (MLF).
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