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liquidity injection

  • Author:Harold
  • Source:www.diecastingpartsupplier.com
  • Release on:2015-05-07

The People's Bank of China (PBOC), the country's central bank, swung back to liquidity injection in May 2013 with 128 billion yuan ($20.9 billion) being pumped into the banking system through its regular open market operations. The PBOC move marked a turn-around in the central bank's open market operations when it drained 35 billion yuan from banks in the open market after hedging the funds released by due bills with its bill issuance and repo sales.

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