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PBOC Released $60.2 B to Trigger Liquidity in February

March, 01 2017
watermark Economic news

The Central bank of China funded 413.85 billion yuan equivalent to 60.2 billion U.S. dollar in regards to short and medium term liquidity for the month of February after falling by 35 percent in January. On the other hand, the PBOC allocated 20.35 billion yuan in the Standing Lending Facility (SLF) to the members of the local financial sector in February and 393.50 billion yuan in the medium-term lending facility (MLF).


The Central bank has decided to push through tightening of their monetary policy to lessen a massive amount of debt. Although this should be done with caution as it may affect the growth of the economy.

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Foreign exchange is highly speculative and complex in nature, and may not be suitable for all investors. Forex trading may result in a substantial gain or loss. Therefore, it is not advisable to invest money you cannot afford to lose. Before using the services offered by ForexMart, please acknowledge the risks associated with forex trading. Seek independent financial advice if necessary. Please note that neither past performance nor forecasts are reliable indicators of future results.