Tue, 21-Oct-2025

China’s central bank injects liquidity into market in January

China's central bank

BEIJING – China’s central bank said Monday that it pumped cash into the money market in January to meet the liquidity demand from financial institutions. A total of 700 billion yuan (about 110 billion U.S. dollars) was injected into the market via the medium-term lending facility (MLF) last month to maintain liquidity in the banking … Read more

UAE central bank extends Targeted Economic Support Scheme

UAE central bank

DUBAI: The UAE’s central bank has extended several measures of its Targeted Economic Support Scheme until June 30 to support the continued recovery of the country’s economy, Arab News quoted the bank, as saying. It said in a statement it was extending the TESS programme to support new lending and financing, as well as prudential relief measures … Read more