Back    Zoom +    Zoom -
PBOC Conducts Reverse Repo of RMB26.5B Today, Net Withdrawal of RMB14B
Recommend
1
Positive
2
Negative
0
The People's Bank of China (PBOC) conducted a seven-day reverse repo operation of RMB26.5 billion today (11th) in the open market, with the operation rate remaining unchanged at 1.4%.

Today, RMB40.5 billion of reverse repos matured, resulting in a single-day net withdrawal of RMB14 billion.

Related NewsInflation Rate MoM for Feb in China is 1.0%, higher than the previous value of 0.2%.

AASTOCKS Financial News
Website: www.aastocks.com