MNI China Liquidity Index™ – Liquidity Improves In Feb
Liquidity boost by PBOC ahead of spring festival, according to the MNI China Liquidity Index
Key Points – February Report
MNI China Liquidity Index™ – Looser February Liquidity
BEIJING (MNI) – China’s interbank market liquidity conditions stood at a 22-month low in February as the central bank took action to loosen conditions ahead of the spring festival.
Meanwhile economic conditions were stable, with traders encouraged by strong holiday retail activity but remained concerned by a patchy recovery, the latest MNI Liquidity Conditions Index showed.
-- The MNI China Liquidity Condition Index stood at 26.8 in February, down from January’s 34.1, with 51.2% of traders reporting looser conditions.
-- The MNI China Economy Condition Index was 56.1 in February, down from January’s 59.8, with 31.7% of traders noting improvements, down from 36.6% in January.
Click below for the full press release:
MNI China Liquidity Index February Presser 2024.pdf
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