Analysts say the PBOC will need to do more to counter a possible credit crunch after at least two rate shocks last year. Photo: Bloomberg
Analysts say the PBOC will need to do more to counter a possible credit crunch after at least two rate shocks last year. Photo: Bloomberg

PBOC pumps 255b yuan into interbank market

Analysts expect more cash to be injectedin the near future after surge in the benchmark repurchase ratetriggers the central bank's move

Analysts say the PBOC will need to do more to counter a possible credit crunch after at least two rate shocks last year. Photo: Bloomberg
Analysts say the PBOC will need to do more to counter a possible credit crunch after at least two rate shocks last year. Photo: Bloomberg
READ FULL ARTICLE