The People's Bank of China injected roughly 420 billion yuan via 7-day reverse repos at 1.40%, up from 393 billion yuan the prior day.

BEIJING -- The People's Bank of China, the country's central bank, announced on Friday that it will conduct a 600-billion-yuan (about $88 billion) outright reverse repo operation…

The People's Bank of China injected roughly 420 billion yuan via 7-day reverse repos at 1.40%, up from 393 billion yuan the prior day.