SHANGHAI: The policy loan operation of China's central bank on Friday fully met market demand and its stance of keeping banking system liquidity reasonably ample has not changed, the central bank-backed Financial News reported, citing industry sources.
Earlier, the People's Bank of China (PBOC) left a key policy rate unchanged while withdrawing cash from a medium-term policy loan operation for the first time in 16 months.
Already a subscriber? Log in
Play, subscribe and stand a chance to win prizes worth over RM39,000! T&C applies.
Cancel anytime. Ad-free. Unlimited access with perks.
