 "China central bank injects 60 bn yuan via short-term liquidity operations")
China's central bank said on Friday that it injected 60 billion yuan ($9.39 billion) into interbank money market via short-term liquidity operations (SLOs).
The seven-day loans have an average interest rate of 2.35%, the People's Bank of China (PBOC) said in a statement on its website.
This marks the second SLOs loan this week as the central bank has injected another 140 billion yuan on Wednesday.
($1 = 6.3865 Chinese yuan)