[SMM Steel Market Morning News: Central Bank: The 7-day Reverse Repo Operation Rate in the Open Market Adjusted from the Previous 1.80% to 1.70%] The Bank of China announced that in order to optimize the open market operation mechanism, the 7-day reverse repo operation in the open market will be adjusted to a fixed rate and quantity bidding from now on. At the same time, to further strengthen countercyclical regulation and increase financial support for the real economy, the 7-day reverse repo operation rate in the open market will be adjusted from the previous 1.80% to 1.70% from today...
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