FXStreet (Mumbai) - PBOC injected 55 billion yuan or $8.36 billion into the banking system on Monday via its short-term liquidity operations (SLO) tool, the Chinese central bank said in a statement on its website. The SLO injection for 3 days will be conducted at the interest rate of 2.10%, the bank noted. No details were provided. The PBOC launched SLOs in 2013 to supplement its other monetary policy tools. For more information, read our latest forex news.