BEIJING, July 28 (Xinhua): China's central bank Tuesday pumped cash into the banking system via reverse repos to maintain liquidity.
The People's Bank of China injected 80 billion yuan (US$11.45 billion) 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.
Already a subscriber? Log in.
Limited time offer:
Just RM5 per month.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
