[Shanghai 9th Reuters]-The People's Bank of China (Central Bank) announced on the 9th that it was not funding through MLF (Medium Term Loan Facility).
The MLF of 176.5 billion yuan ($ 24.77 billion) will expire on this day.
However, 120 billion yuan was supplied in a reverse repo on the 7th period.
The Bank of Korea announced on March 6 that it will reduce its deposit reserve ratio (RRR) for the third time this year. This will release 900 billion yuan ($ 126,350 million) into the financial system.