Emerging-market stocks rise as PBOC boosts money supply

Source: Bloomberg
Emerging-market shares increased on Tuesday reaching the highest level in two weeks after the People's Bank of China boosted money supply by injecting funds using open-market operations, it was its first intervention in three weeks. The MSCI Emerging Markets Index advanced 0.2% to 995.04 as of 4:20 p.m. in Hong Kong, the most since December 11.

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