PBOC injects net zero liquidity to banking system via open market operation
PBOC injects net zero liquidity to banking system via open market operation

PBOC injects net zero liquidity to banking system via open market operation

The People’s Bank of China (PBOC) injects 2 billion yuan liquidity to the banking system via 7-day reverse repo on Tuesday, with rate unchanged at 1.8%, while 2 billion yuan reverse repo expires, leaving a net zero of injection on the day.