The People’s Bank of China (PBOC) Pumps 25billion Yuan Into Market.

China's Central Bank reportedly injected 25 billion yuan (3.8 billion U.S. dollars) into the money market on Wednesday to ease a liquidity strain. According to a report, the People's Bank of China (PBOC) conducted 95 billion yuan of seven-day reverse repurchase agreements (repo), a process in which central banks purchase securities from banks with an … Continue reading The People’s Bank of China (PBOC) Pumps 25billion Yuan Into Market.