Markets > Currencies

PBOC conducts RMB10 bln 7D reverser repos Tue.

BEIJING
2015-11-03 20:59

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

Data shows that there will be 20 billion yuan worth of reverse repos due this week.

Traders noted that the central bank was expected to maintain a net neutral position in open market operations this week amid loose market liquidity.

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