29-April-2024
Economy News
 
China expected to keep key rate, liquidity steady to cement recovery
15-Apr-2024

The People’s Bank of China will keep the rate on its medium-term lending facility unchanged at 2.5% Monday, according to all 19 analysts surveyed by Bloomberg. The central bank will also roll over the 170 billion yuan ($23.5 billion) special loan, according to the median estimate of eight analysts who made forecasts about volume.

News Source:- https://www.business-standard.com/world-news/china-expected-to-keep-key-rate-liquidity-steady-to-cement-recovery-124041400538_1.html
 
 
 

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