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Get the latest economic news from ForexMart, including updates on the financial market, central banks' policy announcements, financial indicators, and other relevant news which can have an impact on the industry.

Disclaimer:  Information provided here to retail and professional clients does not contain and should not be construed as containing investment advice or an investment recommendation or an offer or solicitation to engage in any transaction or strategy in financial instruments. Past performance is not a guarantee or prediction of future performance.

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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Risk Warning:
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.
Foreign exchange trading carries a high risk of losing money due to leverage and may not be suitable for all investors. Before deciding to invest your money, you should carefully consider all the features associated with Forex, as well as your investment objectives, level of experience, and risk tolerance.