SHANGHAI : China's central bank is likely to at least maintain current liquidity in the banking system on Monday through its management of medium-term policy loans, while keeping borrowing costs unchanged for a fifth straight month, a Reuters survey showed.The People's Bank of China (PBOC) would be keepin
SHANGHAI : China's central bank is likely to at least maintain current liquidity in the banking system on Monday through its management of medium-term policy loans, while keeping borrowing costs unchanged for a fifth straight month, a Reuters survey showed.
A great majority - 21 traders and analysts - expected the MLF interest rate to stay unchanged at 2.75 per cent this month, while the remaining four respondents expected a small rate cut. Markets still expect some monetary policy easing measures to support economic recovery, including cuts to policy rates and the amount of cash that banks must set aside as reserves.
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