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PBOC Conducts Reverse Repo of RMB86.1B Today, Net Injection of RMB36.1B
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Today (12th), the People's Bank of China (PBOC) conducted a reverse repo operation of RMB34 billion with a seven-day term in the open market, maintaining the operation interest rate at 1.4%.

With RMB50 billion in reverse repos maturing today, the single-day net injection was RMB36.1 billion.

Related NewsInflation Rate YoY for Dec in China is 0.8%, higher than the previous value of 0.7%. The forecast was 0.9%.

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