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C.bank injects 437 bln yuan to ease liquidity

CCTV.com

11-04-2016 02:14 BJT

China's central bank said it lent 437 billion yuan or 64.62 billion US dollars to 21 financial institutions through its medium-term lending facility on Thursday.

Interest rates for the loans were set at from 2.85 percent to 3.0 percent.

The central bank says it made the move to maintain the money market liquidity at reasonable levels.



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