China c.bank seen keeping lending rate on hold, yuan constrains easing

SHANGHAI/SINGAPORE: China's central bank is widely expected to leave a key policy rate unchanged when rolling over maturing medium-term loans on Wednesday, a Reuters survey showed.

A weak currency remains the main constraint limiting the authorities' monetary easing efforts, analysts and traders said, despite an unexpected credit contraction in April that has warranted more policy stimulus to prop up the world's second-largest economy.