China to ‘timely replenish’ liquidity shortfalls with cash injections before Lunar New Year holiday

Source: China – South China Morning PostChina’s central bank is set to “timely replenish” liquidity shortfalls before the Lunar New Year holiday, the state-owned China Securities Journal said on Wednesday.The People’s Bank of China is likely to step up cash injections through open market operations into the banking system from the second half of the month.The moves are intended to meet rising demand for cash from both companies and households ahead of the week-long holiday, which starts from January 31, the official newspaper…Read More

Geef een reactie

Het e-mailadres wordt niet gepubliceerd. Vereiste velden zijn gemarkeerd met *

Generated by Feedzy