Back    Zoom +    Zoom -
PBOC Resumes 14-Day Reverse Repo Operations, Net Single-day Injection Totals RMB69.7B
Recommend
0
Positive
1
Negative
0
The People's Bank of China (PBOC) conducted today (18th) a 7-day reverse repo operation in the open market, amounting to RMB88.3 billion, with the operation rate remaining unchanged at 1.4%. After nearly three months, the 14-day reverse repo operation was resumed, involving RMB100 billion.

Today, RMB118.6 billion of reverse repos matured, resulting in a single-day net injection of RMB69.7 billion.

Related NewsOutstanding Loan Growth YoY for Nov in China is 6.4%, lower than the previous value of 6.5%.

AASTOCKS Financial News
Website: www.aastocks.com