Forex
globalreutersMarch 15, 20241 Mins read
China February M2 money supply +8.7% vs +8.8% y/y expected
globalreutersMarch 15, 20241 Mins read - Prior +8.7%
- New yuan loans ¥1.45 trillion
- Prior ¥4.92 trillion
After hitting an all-time high in January, China’s new bank loans moderated in February. The move in January was largely seen as Beijing sending a message to step up support for the economy, following a record total of ¥22.75 trillion in new loans last year.
This article was written by Justin Low at www.forexlive.com.
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