China's PBOC injects another $1.53 billion in cash

The People's Bank of China injected 10 billion yuan ($1.53 billion) in short term loans to commercial banks on Friday, The Wall Street Journal reported. The new issue of reverse-repurchase agreements brings the total injection of cash by China's central bank this week to 150 billion yuan, as the PBOC attempts to maintain liquidity in the country's financial system.

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