The Central bank of China to inject 1.2 trillion yuan into financial markets pertaining to coronavirus outbreak

Highlights

• It is a measure to mitigate volatility
• Coronavirus has severely affected the economic activity of China

On Monday, the central bank of China will pump 1.2 trillion yuan into financial markets. It is an effort of regulators. The attempt is to mitigate volatility when trading opens after the outbreak of coronavirus outbreak.

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