China's central bank maintained the rate on medium-term lending facility unchanged unexpectedly on Monday as any reduction would add downward pressure on the renminbi.
The People's Bank of China added CNY 995 billion via the MLF, which is set to mature in one year.
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Business News
April 10, 2026 16:21 ET Inflation data from the U.S. was the main data event this week as the conflict in the Middle East continue. The minutes of the latest Fed policy session and the survey data on the services sector also made headlines. In Europe, manufacturing orders data from Germany was in focus. Price data from China drew attention in Asia.