Sunday, 5 December 2021

Tag Archives: Bank of China

China’s central bank injects liquidity into market

BEIJING: China’s central bank pumped 40 billion yuan (about 5.6 billion US dollars) into the financial system Tuesday. The People’s Bank of China injected the liquidity through 14-day reverse repos at an interest rate of 2.7 percent. With no reverse repos maturing Tuesday, this led to a net injection of ...

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