The Chinese central bank injected liquidity into the financial market in January.

      1 Comment on The Chinese central bank injected liquidity into the financial market in January.
Forex Currency China Yuan (Chinese: 元; pinyin: yuán) Renminbi 人民幣／人民币

The Chinese central bank (PBOC) revealed that the central bank approved a 1.6 billion yuan loan (2.39 billion dollars) for financial institutions. Through short-term loan programs (SLF) in January to support liquidity needs
Xinhua news agency reported that a statement from PBOC stated that the loan project will be due in 1 month.

In addition, last month, the PBOC injected 30 billion yuan of funds to the Chinese Development Bank. China Import and Export Bank And China Agricultural Development Bank Through the allocation of loans in the form of Pledged Supplementary Lending (PSL)

1 comment on “The Chinese central bank injected liquidity into the financial market in January.”

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