The People’s Bank of China (PBOC) injected CNY700 billion via one-year medium-term lending (MLF) facility on Monday.
The Chinese central bank issued the one-year MLF at 2.95%, unchanged from the previous operation. The PBOC kept the rates unchanged for the fourth straight month.
Market reaction
USD/CNY is under pressure, looking to extend further below 6.9500 while the Chinese currency shrugs-off the latest PBOC operation. The spot trades 0.07% lower at 6.9455, at the time of writing.
Meanwhile, the AUD/USD pair builds on Friday’s gains but remains capped below 0.7200, with US-China tensions weighing negative on the market mood.
作者：Dhwani Mehta，文章来源FXStreet，版权归原作者所有，如有侵权请联系本人删除。
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