The PBC further injects liquidity and market liquidity remains ample and appropriate
Today, the PBC injects liquidity of RMB 60 billion through reverse repo operations in the open market, bringing the amount of liquidity injection to RMB 400 billion in the week. With the moves, market liquidity was ample and appropriate. Total liquidity of the banking system on the rise and market interest rate remained stable. Today DR007 weighted average interest rate is 2.67%, down 2 basis points from that of yesterday. (End)
Date of last update
Nov. 29 2018
