PBoC Announces Overnight Reverse Repo and MLF Operations, Boosting Precious Metals Valuations

Published: Aug 25, 2026 11:32

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[SMM Precious Metal Express] The PBoC announced it will conduct overnight reverse repo operations from August 27 to September 1, with daily volume not exceeding RMB 600 billion, and will conduct RMB 500 billion in one-year MLF operations on August 25. The accommodative liquidity environment supports precious metals valuations.

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