China Cuts Reverse Repo Rate By Most in 5 Years to Support Economy Amid Coronavirusvirus-hit economy

Earlier in the day, the PBOC injected 50 billion yuan ($7 billion) into money markets through seven-day reverse repos, breaking a hiatus of 29 trading days with no fresh fund injections.

from Top Business News- News18.com https://ift.tt/2JrfkTE