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PBOC injects CNY 403.5 bn via one year MLF

After setting the Yuan reference rate on Monday, the People’s Bank of China (PBOC) announced that it added liquidity into the Chinese banking system via one-year medium-term lending facility  (MLF).

The Chinese central bank injected 403.5bn Yuan at 3.3%, unchanged from the previous 1 year MLF fund injection rate.

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