SHANGHAI, Sept. 19 (SMM) – The People's Bank of China (PBOC) will carry out two reverse repos on September 19.
The central bank will launch 130 billion yuan of 7-day reverse repos and 20 billion yuan of 28-day reverse repos today, and no reverse repos will become due. Hence, this will leave a net injection of 150 billion yuan into open market.
The article is edited by SMM and is provided for information purpose only. SMM assumes no liability and does not warrant the accuracy, reliability or completeness of information contained or quoted in the article, either express or implied. SMM further disclaims any liability for losses in connection with the information contained or quoted in the article.
For news cooperation, please contact us by email: firstname.lastname@example.org or email@example.com.