China central bank leaves key policy rate unchanged, as expected

SHANGHAI/SINGAPORE  — China’s central bank on Friday left a key policy rate unchanged as expected when rolling over maturing medium-term loans. The People’s Bank of China (PBOC) said it was keeping the rate on 387 billion yuan ($53.80 billion) worth of one-year medium-term lending facility (MLF) loans to some financial institutions unchanged at 2.5 percent
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