China’s central bank, the PBOC injects a net 170 bln Yuan from the market for the week via Open Market Operations (OMOs), versus a net injection of 70 bln Yuan a week ago, Reuters reports.
Meanwhile, the PBOC injects CNY 60 bln via 7 day reverse repos, CNY 20 bln via 14 day reverse repos and CNY 20 bln via 28 day reverse repos, traders cited.
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