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PBOC Mounts RMB2.299B 7-Day Reverse Repo, Nets RMB2.255B Withdrawal in Single Day
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The People’s Bank of China (PBOC) conducted a RMB2.299 billion 7-day reverse repurchase operation in the open market today (2nd), with the operation rate unchanged at 1.5%. With RMB4.554 billion in reverse repos maturing today, this resulted in a net withdrawal of RMB2.255 billion for the day. AAStocks Financial News |
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