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PBoC injects CNY 324bln via 7-day reverse repos with the rate maintained at 1.40%

The People's Bank of China (PBoC) has injected liquidity through 7-day reverse repos while keeping the rate stable at 1.40%.

Newsquawk StaffPublished On the live feed at — 2 more headlines followed before this page went public
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PBoC injects CNY 324bln via 7-day reverse repos with the rate maintained at 1.40%

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Context

This move is likely aimed at supporting market liquidity without altering the cost of borrowing, which could reinforce the current monetary policy stance. Traders should watch for any implications this may have on the yuan's stability and overall market sentiment in response to ongoing economic conditions.

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