The People’s Bank of China injects 130 billion yuan in the financial system

Market news

21 March 2016

The People’s Bank of China injects 130 billion yuan in the financial system

The People's Bank of China (PBoC) on Monday injected 130 billion yuan ($20 billion) in the financial system by offering seven-day reverse repurchase agreements, increasing efforts to combat capital flight from the country's economy and stock markets.

The PBoC already injected 110 billion yuan in the financial system on Friday.

China's central bank set today's daily fixing at 6.4824 per U.S. dollar, down from 6.4628 on Friday.

The number of active U.S. oil rigs rises by 1 rigs to 387 last week

Eurozone: Current account, unadjusted, bln , January 6.3

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