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China Daily | Updated: 2019-05-09 07:38
Govt and policies
Central bank injects liquidity into market
China's central bank injected funds into the monetary market on Wednesday to maintain ample liquidity in the banking system. The People's Bank of China conducted 10 billion yuan ($1.48 billion) of seven-day reverse repos at an interest rate of 2.55 percent. No reverse repos will mature on Wednesday.
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