The People's Bank of China injects 60 billion yuan into the financial system

Market news

28 August 2015

The People's Bank of China injects 60 billion yuan into the financial system

The People's Bank of China (PBoC) injected 60 billion yuan (about €8.3 billion) into the financial system via a short-term liquidity operation on Friday. The central bank wants to support the country's economy and to calm down the markets.

It was the second loan this week. The PBoC has injected 140 billion yuan (about €19 billion) on Wednesday.

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