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China central bank raises cash injection to keep liquidity stable at end of half year

Channel News Asia LogoChannel News Asia1w ago

China central bank raises cash injection to keep liquidity stable at end of half year

Quick Summary

SHANGHAI : China's central bank on Friday increased the injection of liquidity into the banking system through open market operations, as demand for cash for the end of the first half of the year started to pick up.

The People's Bank of China (PBOC) injected 60 billion yuan ($8.

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Article Details

Category: Economy

Topics: Experience Friday (pboc) Liquidity Bank China Mediacorp Injected Yuan Central Billion

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-24, 09:44:29

News Timezone: GMT +8:00

News Source URL: channelnewsasia.com

Language: English

Reading Time: 2 minutes read

Article Length: 219 words

Coverage Area: Singapore

Availability: Desktop Web, Mobile Web

News ID: 6800

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About Channel News Asia

Main Topics: Economy

Official Website: channelnewsasia.com

Update Frequency: 23 posts per day

Year Established: 1999

Headquarters: Singapore

News Last Updated: 8h ago

Coverage Areas: Singapore

Ownership: Independent Company

Publication Timezone: GMT +8:00

News Language: English

RSS Feed: Available (XML)

Website Security: Secure (HTTPS)

Publisher ID: #27

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