SHANGHAI, Sept. 21 (SMM) - The People’s Bank of China (PBOC) increased capital injection to ease liquidity tightness recently, according to one trader from financial institution.
PBOC Net Capital Injection Reaches 100 Bln Yuan
Capital crunch has been severe especially in the morning trading session, which eased some in the afternoon.
PBOC Net Capital Injections Reach Considerable Amount September 18
Capital interest rate has been rising from mid-September due to liquidity crunch.
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