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RSS FeedsChina c.bank injects 200 bln yuan to boost liquidity, keeps rate unchanged
(WorldNews Business)

 
 

15 november 2019 05:46:39

 
China c.bank injects 200 bln yuan to boost liquidity, keeps rate unchanged
(WorldNews Business)
 


SHANGHAI — China’s central bank extended 200 billion yuan ($28.60 billion) through its medium-term lending facility on Friday, the second time it has done so this month, while keeping the lending rate unchanged. The move to add long-term funds caught the market off guard as the central bank had already injected funds last week. Several traders said the cash injection was likely a response to tighter liquidity in the interbank market from late Thursday, which...


 
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