PBOC expected to increase MLF quota in Feb – China Press PBOC CentralBanks USDCNY
“The expectation of a higher MLF quota is strong, but PBOC policy will be influenced by factors such as the demand for physical credit, the speed of cash circulation, the rebalancing of deposits between institutions, and the effects of peak tax season in February.”in recent days is mainly due to the central bank's increase in open market operations to meet institutional liquidity needs and stabilize market expectations.
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