The People's Bank of China (PBOC) conducted a RMB34 billion 7-day reverse repo operation in the open market today (4th), with the interest rate unchanged at 1.4%. With RMB525.9 billion in reverse repos maturing today, the net withdrawal amounted to RMB491.9 billion.Related NewsCN End-Jun FX Reserves Up 0.98% MoM to USD3.3174T