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Central Bank Steps Up Liquidity Infusion
Financial Express Lucknow
|January 01, 2025
CHINA'S CENTRAL BANK injected 1.7 trillion yuan ($233 billion) of cash in December, dialing up liquidity support for the economy and financial markets at year-end.
The People's Bank of China conducted 1.4 trillion yuan in outright reverse repurchase agreements using three- and six-month contracts, aiming to maintain sufficient liquidity in the banking system, it said in a statement Tuesday. This follows injections of 800 billion yuan and 500 billion yuan in the past two months through the new tool introduced in October.
Diese Geschichte stammt aus der January 01, 2025-Ausgabe von Financial Express Lucknow.
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