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PBOC Adds Cash to Ease Liquidity Stress With Rate Unchanged

  • PBOC injects net 340 billion yuan into money markets Monday
  • Central bank showing an easing bias in monetary policy: Citic
The Yuan Set for Longest Weekly Losing Run Since 2016
Photographer: SeongJoon Cho/Bloomberg
Updated on

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China’s central bank supplied liquidity to commercial lenders on Monday to help them manage upcoming government bond sales, while leaving the price of the money unchanged as the economy recovers.