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China’s Central Bank Conducted Huge Net Withdrawal Today

  • Jun 07, 2023, at 4:19 pm
Today, the People's Bank of China implemented a 7-day reverse repurchase operation of 2 billion yuan, and the bid rate was 2.00%.

Today, the People's Bank of China implemented a 7-day reverse repurchase operation of 2 billion yuan, and the bid rate was 2.00%.

As 13 billion yuan of reverse repurchases expired today, a net 11 billion yuan was withdrawn.

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