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China’s Central Bank Pumps Massive Cash Today

  • May 08, 2023, at 11:32 am
  • 财联社
The People's Bank of China (PBOC) conducted 2 billion yuan of 7-day reverse repurchase operations today May 8, and the winning rate was 2.00%, unchanged from the previous rate.

The People's Bank of China (PBOC) conducted 2 billion yuan of 7-day reverse repurchase operations today May 8, and the winning rate was 2.00%, unchanged from the previous rate. As no reverse repos matured today, there was a net cash injection of 2 billion yuan.

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