China central bank keeps policy rate unchanged, drains cash from banking system

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China’s central bank on Monday left a key policy interest rate unchanged as widely expected when rolling over maturing medium-term loans, and drained some cash from the banking system through the bond instrument. WHY IT’S IMPORTANT Keeping the medium-term lending facility (MLF) rate steady...

https://www.hellenicshippingnews.com/china-central-bank-keeps-policy-rate-unchanged-drains-cash-from-banking-system/

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