The People's Bank of China injects 400 billion yuan into market

Market news

21 January 2016

The People's Bank of China injects 400 billion yuan into market

The People's Bank of China (PBoC) said on its website on Thursday that it injected 400 billion yuan ($61 billion) into market to boost liquidity via short-term loans (reverse-repurchase agreements).

The central bank usually injects extra money before the Lunar New Year holiday.

U.S.: Crude Oil Inventories, January 3.979 (forecast 2.750)

Chinese Vice President Li Yuanchao: China will remain the global growth engine

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.