Sources: PBOC to conduct MLF operations on Friday – Reuters

Reuters quotes some sources with the knowledge of the matter, as saying that the People’s Bank of China (PBOC) will conduct medium-term lending facility operations (MLF) on Friday to roll over maturing loans.

Nothing further is reported on the same.

Meanwhile, USD/CNY trades better bid near 7.0550 levels, as markets have started taking the latest trade deal optimism with a pinch of salt.