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Economic calendar in Asia Monday, 17 April 2023: PBOC funding rate setting

Economic calendar in Asia Monday, 17 April 2023: PBOC funding rate setting
It's a light one for economic data, but we do get the monthly medium-term policy loan (Medium Term Lending Facility, MLF) rate set today from the People's Bank of China. The PBOC have said repeatedly that it'll seek to continue to keep liquidity ample to support the economy. Next week April tax season payments are due, which, according to the estimate from China's CITIC Securities, could drain as much as 1.7 trillion yuan (around $250bn) from the banking system.Expectations are near unanimous th... Read More
Posted: Apr 16 2023, 20:30
Author Name: forexlive
Views: 082015

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