The banking system reports reasonable and sufficient liquidity at present, the PBOC said in an online statement.
A total of 200 billion yuan (about 28.6 billion U.S. dollars) of reverse repos matured Friday.
A reverse repo is a process in which the central bank purchases securities from commercial banks through bidding, with an agreement to sell them back in the future.
China will pursue a prudent monetary policy in a more flexible and appropriate way, according to this year's government work report.
                
                                
            
        
            
        
                
            
							
			
			
                            
                        
                        
                        
                        
                        
                    
         
               
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