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PBOC conducts RMB10 bln 7D reverse repos Tue.

BEIJING
2015-11-17 15:02

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The People's Bank of China, China's central bank, conducted 10 billion yuan worth of 7-day reverse repos in Tuesday's open market operations.

Traders noted that as money market liquidity still remained relatively loose on the whole, the central bank was expected to maintain a neutral position in open market operations this week. Data shows that there were 10 billion yuan worth of reverse repos due on Tuesday.

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