AJMAN/WAM H.H. Sheikh Ammar bin Humaid Al Nuaimi, Crown Prince of Ajman and Chairman of ...
Read More »China adds $280b in open market operations
Bloomberg China’s central bank injected the most liquidity via open-market operations since January, in a push to ensure ample cash supply ahead of seasonal tightness at year-end. The People’s Bank of China (PBOC) added 280 billion yuan ($40 billion) into the financial system with 7 and 14-day reverse repurchase agreements , while keeping the interest rates unchanged. That came after ...
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