The yuan has come under pressure following Donald Trump's victory in the U.S. presidential election. Wang Tao, chief China economist at UBS Investment Bank, estimates the MLF to remain at 2.0% this year before coming down to 1.

BEIJING: China’s central bank kept the policy loan rate unchanged after cutting it in September, as the authorities stay patient in ramping up monetary stimulus.

China's central bank injected 900 billion yuan ($124.3 billion) into the banking system on Monday via one-year policy loans, as local governments step up selling bonds to ease debt burdens.

China maintained its medium-term lending rate on Monday, signaling its central bank's focus on stabilizing the yuan.

China’s central bank kept a key policy rate steady in November and drained billions in liquidity from the financial system via a medium-term liquidity management tool.

China's central bank injected 900 billion yuan ($124.3 billion) into the banking system on Monday via one-year policy loans, as local governments step up selling bonds to ease debt burdens. The People's Bank of China (PBOC) lent the medium-term facility (MLF) loans to financial institutions at 2%,

China’s central bank kept a policy loan rate unchanged after last cutting it in September, as the authorities stay patient in ramping up monetary stimulus.

China’s central bank kept its medium-term lending facility (MLF) rate locked at 2.0% on Monday, stabilizing the yuan as pressure mounts following Donald Trump’s U.S. election win. The People’s Bank of China (PBOC) injected 900 billion yuan ($124.