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Bloomberg – China’s central bank increased its injection of short-term cash into the financial system after concern over a debt crisis at China Evergrande Group roiled global markets. The People’s Bank of China injected 120 billion yuan ($18.6 billion) into the banking system through reverse repurchase agreements, exceeding the 30 billion yuan of maturities on.
China’s central bank boosted its gross injection of short-term cash into the financial system after concern over a debt crisis at China Evergrande Group roiled global markets.
China’s central bank increased its injection of short-term cash into the financial system after concern over a debt crisis at China Evergrande Group roiled global markets.