PBOC drains net 2 bn yuan from banking system via open market operation
PBOC drains net 2 bn yuan from banking system via open market operation

PBOC drains net 2 bn yuan from banking system via open market operation

 

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The People's Bank of China injects 2 billion yuan liquidity to the banking system via 7-day reverse repo on Tuesday, with the rate unchanged at 1.8%, while 4 billion yuan reverse repo expires, leaving a net 2 billion yuan drained from the market . . .

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