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🇨🇳 China’s Central Bank injects billions to support market liquidity!
The People’s Bank of China injected 398.5 billion yuan (about US$55 billion) into the markets through 7-day reverse repurchase operations at an interest rate of 1.40%. This move indicates continued liquidity support to ensure financial stability.
━━━━━━━━━━━━━━
📊 Impact: 📈 High
🏷️ REGULATION
#China #PBOC #LiquidityInjection #ReverseRepos #FinancialMarkets
🔗 Source: https://cryptobriefing.com/china-pboc-liquidity-injection-reverse-repos-2/
The People’s Bank of China injected 398.5 billion yuan (about US$55 billion) into the markets through 7-day reverse repurchase operations at an interest rate of 1.40%. This move indicates continued liquidity support to ensure financial stability.
━━━━━━━━━━━━━━
📊 Impact: 📈 High
🏷️ REGULATION
#China #PBOC #LiquidityInjection #ReverseRepos #FinancialMarkets
🔗 Source: https://cryptobriefing.com/china-pboc-liquidity-injection-reverse-repos-2/
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