China holds rates, adds more liquidity as recovery struggles – Times of India
[ad_1] SHANGHAI/SINGAPORE: China’s central bank rolled over maturing medium-term policy loans while keeping the interest rate unchanged on Monday, as expected, but markets expect monetary easing may be inevitable in the coming months to support the economic recovery.The People’s Bank of China (PBOC) said it was keeping the rate on 125 billion yuan ($18.08 billion) … Read more