A Chinese national flag flutters outside the headquarters of the People's Bank of China, the Chinese central bank, in Beijing, April 3, 2014. — Reuters pic
BEIJING, Feb 2 — China’s central bank said it will inject 1.2 trillion yuan worth of liquidity into the markets via reverse repo operations tomorrow, as the country battles a new coronavirus outbreak. The People’s Bank of China made the announcement in a statement published on its website today. It also said that the total liquidity in the banking system will be 900 billion yuan higher than the same period in 2019. — Reuters
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