DUBAI/WAM The UAE attracted US$ 48.3 billion (AED 177.3 billion) in inbound foreign direct investment …
Read More »China injects $14.3bn into banking system
Bloomberg China’s central bank added to its growing list of measures aimed at countering the economic fallout from the spreading virus, injecting $14.3 billion into the financial system. The People’s Bank of China offered 100 billion yuan via the one-year medium-term lending facility, keeping the rate unchanged at 3.15%. There were no loans coming due Monday. The central bank refrained …
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