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MNI China Liquidity Index™– Down To 35.7 in February

CHINA DATA
MNI (London)

Liquidity across China's interbank market eased in February, according to traders, as the PBOC acted to keep conditions loose in the financial system.

  • The economy showed the first signs of a rebound through the Chinese New Year celebrations, the latest MNI Liquidity Conditions survey showed.
  • The Liquidity Condition Index fell to 35.7 in February from the previous 65.3. The higher the index reading, the tighter liquidity appears to survey participants.
  • The PBOC acted to keep conditions 'ample' in order to support the recovery, traders told MNI.


See press release here.

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