China central bank injects 60 bln yuan via short-term liquidity operations

BEIJING (Reuters) - China's central bank said on Friday that it injected 60 billion yuan ($9.39 billion) into interbank money market via short-term liquidity operations (SLOs). The seven-day loans have an average interest rate of 2.35 percent, the People's Bank of China (PBOC) said in a statement on its website. This marks the second SLOs loan this week as the central bank has injected another 140 billion yuan on Wednesday. ($1 = 6.3865 Chinese yuan) (Reporting By China Economics Team; Editing by Anand Basu)