PBOC Dials up Short-Term Liquidity Injections Amid Cash Squeeze
Source: Live Mint (Bloomberg) — China’s central bank pumped a large amount of short-term cash into its financial system on Wednesday, dialing up liquidity support amid a cash squeeze with the new year holiday looming. The People’s Bank of China injected a net 958.4 billion yuan ($131 billion) of cash via seven-day reverse repurchase agreements…