A clerk counts Chinese currency notes at a bank outlet in Huaibei in central China's Anhui province on November 25, 2018. Photo: Chinatopix via AP

China’s central bank adds liquidity to nation’s financial system as Baoshang Bank’s seizure rattles domestic markets

  • China’s central bank injected a net amount of 150 billion yuan through open-market operations on Monday and Tuesday, the most since the week ended March 8
  • The benchmark 7-day repo rate rose further Tuesday to the highest in more than a month, in spite of the central bank’s efforts to calm interbank markets
Topic |   People’s Bank of China

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A clerk counts Chinese currency notes at a bank outlet in Huaibei in central China's Anhui province on November 25, 2018. Photo: Chinatopix via AP
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