China Adds Cash to Banking System\, Keeps Interest Rate Unchanged

China Adds Cash to Banking System, Keeps Interest Rate Unchanged
An employee arranges bundles of Chinese one-hundred yuan banknotes at the Counterfeit Notes Response Center of KEB Hana Bank in Seoul, South Korea. (Photographer: SeongJoon Cho/Bloomberg)

China Adds Cash to Banking System, Keeps Interest Rate Unchanged

Bookmark
(Bloomberg) -- China’s central bank added to its growing list of measures aimed at countering the economic fallout from the spreading virus, injecting $14.3 billion into the financial system.