PBOC injects CNY500 billion via one-year MLF at 2.95%

Market news

15 December 2021

PBOC injects CNY500 billion via one-year MLF at 2.95%

The People’s Bank of China (PBOC) infused CNY500 billion via one-year medium-term lending (MLF) facility on Wednesday.

The Chinese central bank kept the rate for one-year MLF operation rate unchanged at 2.95%.

Separately, the PBOC injected 10 billion yuan through seven-day reverse repos.

Market reaction

USD/CNY is trading modestly flat on the latest PBOC operation. The spot trades at 6.3632, stuck in a tight range over the past three trading sessions.

Meanwhile, the AUD/USD pair is defending 0.7090 support, as of writing, adding 0.08% on the day.

Commodities. Daily history for Tuesday, December 14, 2021

Schedule for today, Wednesday, December 15, 2021

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.