The People's Bank of China (PBOC) conducted RMB3.5 billion worth of reverse repo operations in the open market this week, according to Wind data.As RMB304 billion worth of reverse repos matured this week, a net liquidity withdrawal of RMB300.5 billion was recorded. Next week will see RMB3.5 billion worth of reverse repos mature in the open market.Related NewsInflation Rate MoM for Mar in China is -0.7%, lower than the previous value of 1.0%. The forecast was -0.2%.
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