PBOC to inject funds via MLF

Dhwani Mehta FXStreet

Bloomberg reporting headlines from the Chinese central bank (PBOC), citing that the bank is expected to provide liquidity to some commercial banks via its Medium-term Lending Facility (MLF) today.

There are 151bn yuan of 6 month MLF due today, Bloomberg adds.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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