SHANGHAI : China's central bank on Friday increased the injection of liquidity into the banking system through open market operations, as demand for cash for the end of the first half of the year started to pick up.
The People's Bank of China injected 60 billion yuan worth of seven-day reverse repos on Friday, having injected 10 billion yuan each day for the past 50 days.For the week, the central bank injected a net 50 billion yuan on a net basis, showed Reuters' calculation based on official data.
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