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China Central Bank Infuses Liquidity Into Financial System

Por: RTTNews Business February 15, 2023

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The People's Bank of China added more cash into the financial system to maintain sufficient liquidity.The PBoC injected CNY 499 billion into the financial system via one-year medium-term lending facility, the bank said on Wednesday. The rate on one-year MLF was kept unchanged at 2.75 percent. The central bank also conducted CNY 203 billion of seven-day reverse repo operation at a rate of 2.0 percent.Data released last week showed that banks... + full article



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