China Makes Huge Cash Injection Today

Published: May 31, 2023 11:11

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The People's Bank of China (PBOC) conducted a 7-day reverse repurchase operation worth 13 billion yuan with a bid rate of 2.00%.

SHANGHAI, May 31 (SMM) – The People's Bank of China (PBOC) conducted a 7-day reverse repurchase operation worth 13 billion yuan with a bid rate of 2.00%.

As 2 billion yuan of reverse repurchases expired today, a net 11 billion yuan was injected.

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Macro economy

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