The People's Bank of China (PBOC) conducted a seven-day reverse repo operation of RMB526 billion today (24th) in the open market, with the operation rate remaining unchanged at 1.4%. Today, RMB1.45 trillion of reverse repos matured, resulting in a single-day net withdrawal of RMB926.4 billion. Related NewsCN Media Estimates Seedance 2.0 Model Video Cost at RMB1 Per Second