PBOC Injects CNY120 billion at OMOs
The People's Bank of China injected CNY90 billion in seven-day reverse repos and CNY30 billion in 14-day reverse repos via open-market operations on Wednesday. This resulted in a net zero injection/drain for the day. A total of CNY120 billion in reverse repos matures Wednesday.This is the third consecutive trading day that the PBOC didn't change liquidity.
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First Published: Aug 02 2017 | 8:05 AM IST