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Anonymous
China injects 600 billion yuan into markets
2016-01-19 13:29:42 Post No. 1049055
[Report]
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China injects 600 billion yuan into markets
Anonymous
2016-01-19 13:29:42
Post No. 1049055
[Report]
China's central bank said on Tuesday that it will inject over 600 billion yuan ($91.22 billion) to help ease a liquidity squeeze expected before the Lunar New Year in early February.
The People's Bank of China will inject the funds via its policy tools of the standing lending facility (SLF), medium-term lending facility (MLF) and pledged supplementary lending (PSL), it said in a statement on its website.
http://m.economictimes.com/news/international/business/chinas-central-bank-to-inject-600-billion-yuan-to-ease-liquidity-strains/articleshow/50640163.cms