ABU DHABI/WAM Noatum Maritime, part of AD Ports Group’s Maritime & Shipping Cluster, announced the ...
Read More »China conducts $98.5 billion MLF to inject liquidity
BEIJING/WAM China’s central bank on Friday conducted a 700-billion-yuan (about US$98.5 billion) medium-term lending facility (MLF) operation to maintain reasonable and ample liquidity in the banking system. According to Xinhua news agency, the MLF operation has a one-year maturity with an interest rate of 2 percent, unchanged from the rate of the previous operation conducted last month. After the operation, ...
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