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PBOC Conducts Reverse Repo of RMB34.3B Today, Net Withdrawal of RMB491.7B
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The People's Bank of China (PBOC) conducted a seven-day reverse repo operation of RMB34.3 billion today (3rd), with the operation rate remaining unchanged at 1.4%.

Today, RMB526 billion of reverse repos matured, resulting in a single-day net withdrawal of RMB491.7 billion.

Related NewsImports YoY for Jan-Feb in China is 19.8%, higher than the previous value of 5.7%. The forecast was 6.3%.

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