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KM Financial Solutions | China’s money rates fall as c.bank boosts liquidity with eye on trade war
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China’s money rates fall as c.bank boosts liquidity with eye on trade war

19 Jul China’s money rates fall as c.bank boosts liquidity with eye on trade war

Posted at 07:29h in News by
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China’s primary money rates
fell this week as the central bank pumped cash into the banking
system, and as it prepared to soften small firms’ financing
burdens in an attempt to hold off risks posed by a U.S.-China
trade war.
On Friday, the People’s Bank of China (PBOC) skipped its
regular open market operations, bringing total injections into
the country’s interbank market for the week to 540 billion yuan
($79.80 billion), the largest net weekly injection si

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