The People's Bank of China (PBOC) in Beijing. — Bloomberg
SHANGHAI: China's central bank conducted a medium-term loan operation on Friday while keeping the interest rate unchanged.
The People's Bank of China (PBOC) issued 700 billion yuan ($98.36 billion) worth of one-year medium-term lending facility (MLF) loans to some financial institutions at 2.00%, unchanged from the previous rate, according to an online statement from the bank.
