SHANGHAI, Apr 20 (SMM) – The People's Bank of China conducted a 7-day reverse repurchase operation worth 34 billion yuan with a bid rate of 2.00%.
As 9 billion yuan of 7-day reverse repurchases expired today, a net 25 billion yuan was injected.
China Makes Huge Cash Injection Today
The People's Bank of China conducted a 7-day reverse repurchase operation worth 34 billion yuan with a bid rate of 2.00%.
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