China's Central Bank Conducts 1 Billion Yuan 7-Day Reverse Repo at 1.40%, Maintaining Previous Rate

GateNews

Today, the People’s Bank of China (PBOC) conducted a 1 billion yuan 7-day reverse repurchase agreement (repo) operation in the open market at a fixed rate of 1.40%, unchanged from the previous day. The same amount of reverse repo matured today.

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