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The People's Bank of China, on November 15, infused a substantial amount of liquidity into the market. An injection of 1.45 trillion yuan (approximately $202 billion) was made through the one-year medium-term lending facility (MLF). Notably, this infusion retained the interest rate at 2.5 per cent, consistent with rates from prior operations, as per Chinese media reports.
Fibre2Fashion News Desk (DP)
.jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "UBM China (Shanghai)")
-Ltd..jpg?tr=w-120,h-60,c-at_max,cm-pad_resize,bg-ffffff "Thermore (Far East) Ltd.")
