China central bank injects 60 bn yuan via short-term liquidity operations
People's Bank of China had injected 140 billion yuan on Wednesday
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A clerk counts 100 Chinese yuan banknotes at a branch of China Merchants Bank in Hefei, Anhui province
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)
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First Published: Aug 28 2015 | 2:23 PM IST