ABU DHABI/WAM The UAE continues to adopt a forward-looking vision to enhance the regulatory and ...
Read More »China injects $31bn of cash into financial system in two months
Bloomberg China boosted its injection of short-term cash into the banking system to the highest in two months, as demand for liquidity climbed before year-end. Government bonds gained. The People’s Bank of China added 200 billion yuan ($31 billion) of cash into the financial system through seven-day reverse repurchase agreements, more than offsetting the 10 billion yuan coming due. ...
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