PBOC drains a net CNY 170 bln this week

Dhwani Mehta FXStreet

PBOC drains a net CNY 170 bln via open market operation (OMOs) this week against a net CNY 40 bln injection last week.

Meanwhile, the Chinese central bank skipped OMOs today for the 8th consecutive day.

Author

Dhwani Mehta

FXStreet

Residing in Mumbai (India), Dhwani is a Senior Analyst and Manager of the Asian session at FXStreet. She has over 10 years of experience in analyzing and covering the global financial markets, with specialization in Forex and commodities markets.

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