China's central bank keeps medium-term loan rate unchanged amid yuan weakness

China’s central bank kept its medium-term lending rate steady at 2.0% to stabilize the yuan post-Trump’s victory, with MLF loans totaling 6.239 trillion yuan; analysts predict rates to remain steady this year. PBOC may delay rate cuts until after the new U.S. administration takes office in January to counter a stronger dollar, aiming for a gradual yuan depreciation to support exports and stimulate the economy. Additional cuts on the reserve requirement ratio for commercial lenders are expected in coming months to balance economic revival and exchange rate stability.

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