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People's Bank of China loan rates setting coming up soon

Coming up on Friday, 20 October we get the Loan Prime Rate setting from the People's Bank of China.Earlier this week we had the Medium-term Lending Facility (MLF) rate remain unchanged:People's Bank of China set MLF rate at 2.5% (expected 2.5%, prior 2.5%)The MLF rate is a benchmark interest rate that banks in China can use to borrow funds from the People's Bank of China for a period of 6 months to 1 year, medium-term liquidity to commercial banks. Changes to the rate are strongly indicative of... Read More

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Posted: Oct 19 2023, 23:41

Author Name: forexlive

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