The People's Bank of China, China's central bank, conducted 10 billon yuan worth of 7-day reverse repos in Tuesday's open market operations.
Data shows that only 30 billion yuan worth of reverse repos were due this week. Traders noted that in the future, the central bank was expected to adopt multiple policy instruments in a bid to keep liquidity environment stable.
Besides, due to investors' rising demand at the year-end, capital prices in the money market is likely to edge up, said traders.
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