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China February M2 money supply +12.9% vs +12.5% y/y expected
- Prior +12.6%
- New yuan loans ¥1.8 trillion vs ¥1.5 trillion expected
- Prior ¥4.9 trillion
Money supply growth continues to expand with new yuan loans also seen at a hefty level for the month, reaffirming that China is taking steps to bolster credit conditions and propping up the economy.
This article was written by Justin Low at www.forexlive.com... Read More Posted: Mar 10 2023, 08:34
Author Name: forexlive
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