China's central bank continues to add liquidity via operations

BEIJING, March 15 (Xinhua) -- China's central bank on Wednesday added liquidity to the banking system via operations of medium-term lending facility (MLF) and reverse repos.

The People's Bank of China (PBOC) injected 481 billion yuan (about 70.03 billion U.S. dollars) into the market through one-year MLF with an interest rate of 2.75 percent.

The central bank also conducted 104 billion yuan of seven-day r