The People's Bank of China (PBOC) conducted a seven-day reverse repo operation of RMB500 million in the open market today (15th), with the operation rate unchanged at 1.4%. RMB500 million of reverse repos matured today.On the same day, the PBOC conducted RMB500 billion of outright reverse repo operations, while RMB600 billion of outright reverse repos matured today. Related NewsLuckin Coffee (LKNCY.US) to Launch Bottled Ready-to-Drink Coffee in Late Apr Priced at RMB6-7, Lower Than Starbucks
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