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China boosts liquidity with medium-term policy tool

Market participants believe that a weakening Chinese yuan has constrained the central bank#39;s efforts to aggressively lower interest rates after two reductions to the medium-term policy rate since June. Authorities may instead ramp up liquidity to support the economic recovery.

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​ Market participants believe that a weakening Chinese yuan has constrained the central bank#39;s efforts to aggressively lower interest rates after two reductions to the medium-term policy rate since June. Authorities may instead ramp up liquidity to support the economic recovery. Market participants believe that a weakening Chinese yuan has constrained the central bank#39;s efforts to aggressively lower interest rates after two reductions to the medium-term policy rate since June. Authorities may instead ramp up liquidity to support the economic recovery.  Moneycontrol Latest News Read More  

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