The People's Bank of China (PBOC) conducted a 7-day reverse repo operation totaling RMB450.5 billion today (17th), with the operation rate unchanged at 1.4%. With RMB90 billion in reverse repos maturing today, the single-day net injection amounts to RMB360.5 billion. Related NewsCentral Parity of USD/ RMB Loses 37 bps to 7.1498