China's central bank continues to add liquidity via reverse repos.
BEIJING -- China's central bank continued to inject funds into the financial system through open market operations on Friday.
The People's Bank of China said on its website that it has conducted 18 billion yuan (about 2.6 billion U.S. dollars) of seven-day reverse repos at an interest rate of 2 percent.
The move is aimed at keeping liquidity reasonable and ample in the banking system, according to the...
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