China boosts bank liquidity with $65 billion fund injection
Shanghai (AFP) Dec 11, 2014 - China's central bank has stepped up its efforts to pump more cash into its banking system with a $65 billion fund injection, Dow Jones Newswires reported Thursday. The People's Bank of China (PBoC) on Wednesday injected around 400 billion yuan into the interbank market where banks borrow from each other, Dow said, citing people familiar with the matter. It came after an earlier 500 billi ... more
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