PBOC Injects USD14.1 Billion Into China's Banking System
Xu Wei
DATE: Sep 23 2019
/SOURCE: yicai
(Yicai Global) Sept. 23 -- The People's Bank of China net injected CNY100 billion (USD14.1 billion) into the nation's financial system via open market operations today.
The central bank conducted a seven-day reverse repo worth CNY20 billion at an interest rate of 2.55 percent, and a 14-day reverse repo worth CNY80 billion at an interest rate of 2.70 percent.