PBOC injects liquidity via reverse repo for 10 straight days, analysts see lower chance for RRR, rate cut in coming months

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Chinese central bank injected liquidity to the banking system via reverse repurchase agreements for ten consecutive days to meet cash demand prior to the week-long National Day holidays.

Market watchers believe the central bank's open market operations and officials' recent comments suggest that the priority for policymakers will be maintaining stability of market liquidity and they see a lower . . .

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