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PBOC Conducts Reverse Repos of RMB26B Today, Resulting in Net Withdrawal of RMB20.8B
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The People's Bank of China (PBOC) conducted RMB26 billion in seven-day reverse repo operations in the open market today (24th), with the interest rate remaining unchanged at 1.4%. RMB46.8 billion in reverse repos matured today, resulting in a single-day net withdrawal of RMB20.8 billion. AASTOCKS Financial News Website: www.aastocks.com |
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