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China Central Bank Injects $111B in Reverse Repo Boost - Archyworldys
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PBOC Adds Liquidity with Monetary Tools Before Chinese New Year
The country’s central bank has implemented outright reverse repurchase operations along with government bond trading to infuse liquidity into the financial system, addressing the increased cash demand ahead of the Chinese New Year holiday. Announced yesterday, the central bank plans to conduct a CNY800 billion (approximately USD115.3 billion) three-month outright reverse repo today. Since CNY700 billion in three-month outright reverse repos will…
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