China's central bank injects 180 bln yuan into market to maintain stability

BEIJING, June 24 (Xinhua) -- China's central bank on Wednesday pumped cash into the banking system via reverse repos to maintain liquidity.

With no reverse repos maturing Wednesday, the People's Bank of China injected a total of 180 billion yuan (about 25.5 billion U.S. dollars) into the market through seven-day reverse repos at an interest rate of 2.2 percent, according to a statement on the website of the central bank.