The People’s Bank of China injects 150 billion yuan in the financial system

Market news

25 August 2015

The People’s Bank of China injects 150 billion yuan in the financial system

The People's Bank of China (PBoC) injected 150 billion yuan ($23.4 billion) in the financial system on Tuesday, increasing efforts to combat capital flight from the country's economy and stock markets. The central bank used seven-day reverse-repurchase agreements.

The PBoC already injected 150 billion yuan in the financial system last week.

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