One-Year Medium-Term Lending Facility Rate Left Unchanged at 2.50% by the People’s Bank of China

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The People’s Bank of China (PBOC) kept the one-year interest rate on the medium-term lending facility (MLF) unchanged at 2.50% on Monday.

The People’s Bank of China kept the seven-day reverse repo rate unchanged at 1.80% on Monday. 106 billion yuan was injected through seven-day reverse repos.

The U.S. dollar was affected by the above news. It rose 0.06% against the offshore yuan on the day to 7.3096.