SHANGHAI : China's central bank is expected to keep unchanged for a fifth straight month on Wednesday the borrowing costs on its medium-term policy loans, a Reuters survey of 31 traders and analysts showed.
Thirty of the 31 poll respondents forecast no change in the interest rate on the one-year medium-term lending facility on Wednesday, when the central bank is set to renew 200 billion yuan worth of such loans. Of the 30 respondents who bet on a steady MLF rate, 19 expected the People's Bank of China to inject the same amount of cash as the maturity, while 11 believed the central bank would ramp up liquidity by injecting more fresh funds.
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