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PBOC Conducts RMB500M Reverse Repo, Net Withdraws RMB223.5B in Single Day
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The People's Bank of China (PBOC) conducted a seven-day reverse repo operation of RMB500 million in the open market today (2nd), with the operating rate unchanged at 1.4%. RMB224 billion of reverse repos matured today, resulting in a single-day net withdrawal of RMB223.5 billion. Auto-translated by AI AASTOCKS Financial News |
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