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Economic calendar in Asia 17 July 2023 - Chinese data and PBOC rate setting

From China today we have the People's Bank of China setting this month's Medium-term Lending Facility (MLF) rate. In June the PBOC cut the MLF rate, PBOC 1 year MLF rate cut to 2.65% (prior 2.75%), as widely expectedsignalling a cut to loan prime rates that followed a few days later:PBOC Loan Prime Rates (LPR) CUT: 1-year 3.55% (prior 3.65%) & 5 year 4.20% (prior 4.30%)There is no change expected to the MLF today.The rate setting comes around 0120 GMT.-And, ICYMI earlier - it's a Japanese holida... Read More

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Content Topics

Economic

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Asia

July

2023

Chinese

Data

Pboc

Rate

Setting

Forex

Posted: Jul 16 2023, 20:13

Author Name: forexlive

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