The People's Bank of China injected about US$14.1 billion into the market through seven-day reverse repos at an interest rate of 2.2 per cent.. - Reuters
BEIJING (Xinhua): China's central bank on Friday (June 12) continued to pump cash into the banking system via reverse repos to maintain liquidity.
The People's Bank of China injected 100 billion yuan (about US$14.1 billion) into the market through seven-day reverse repos at an interest rate of 2.2 per cent, according to a statement on the website of the central bank.
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