(Yicai Global) July 18 -- China's central bank pumped CNY100 billion (USD14.5 billion) into the nation's financial system via open market operations today, the fourth injection this week.
The bank injected the funds via 7-day reverse repurchase agreements, with no previous reverse repos maturing today. The interest rate was unchanged at 2.55 percent.
On July 15, PBOC net injected CNY11.5 billion into the monetary system, specifically targeting rural commercial banks. The lender proceeded with a sum of CNY160 billion on the next day, and CNY100 billion yesterday.
Editor: Emmi Laine
