ABU DHABI/WAM On behalf of President His Highness Sheikh Mohamed bin Zayed Al Nahyan, H.H. ...
Read More »China raises medium-term loan rate to tighten policy
Bloomberg China’s central bank increased the interest rates on medium-term loans that it uses to manage liquidity, a move analysts say signals its intent to keep a tight rein on leverage in the financial system. The one year Medium-term Lending Facility (MLF) rate was raised to 3.1 percent from 3 percent and the six-month rate to 2.95 percent from ...
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