China’s central bank injects liquidity into market

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(Xin Hua Net)

China’s central bank injected liquidity into the banking system through open market operations on Thursday.

The People’s Bank of China injected 250 billion yuan (about 38.64 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 its website.

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