China's central bank on Thursday pumped 35 billion yuan (5.4 billion U.S. dollars) into the market.
The People's Bank of China (PBOC) put 85 billion yuan into seven-day reverse repos priced to yield 2.25 percent.
Reverse repos worth 50 billion yuan mature on Thursday, so the central bank has effectively injected 35 billion yuan into the market.
On Thursday's interbank market, the benchmark overnight Shanghai Interbank Offered Rate (Shibor) was down by 0.1 basis point to 2.01 percent.
Seven-day Shibor dropped 0.1 basis point to 2.331 percent. Three-month Shibor rose 0.46 basis point to 2.9273 percent.
Name (required) *
E-mail (required, but will not be published) *
Notify me of follow-up comments
Golden State Warriors coach Steve Kerr said his new-look team is relishing the pressure entering their 2016-2017 NBA campaign opener on Tuesday…
The facade of the world's tallest building, the Burj Khalifa in the Gulf emirate of Dubai, was lit up in pink Thursday…
It took just seven days for "Wizard of Oz" nostalgics to raise more than $300,000 in a crowdfunding drive to restore Dorothy's…
Powered and Developed by FilmMatters
Copyright © 2016 Arabtoday