China's central bank injects huge liquidity to market
The People's Bank of China (PBOC) on Friday conducted 240 billion yuan of seven-day reverse repurchase agreements (repo), a process in which central banks buy securities from banks with an agreement to resell them in the future, according to China Daily.
UNIAN Web subscription
Get a complete information picture of the day by subscribing to UNIAN’s news feeds.
For more information, please call: