PBOC drains most funds via OMOs in 4 months this week

China Central Bank, PBOC, drains the most net funds through open market operations (OMOs) for the week in 4 months.

PBOC drained a net 645 bln Yuan for the week via open market operations, versus a net 180 bln injection last week.

For today, the Chinese central bank injected 20 bln Yuan through 7 day reverse repos, MNI quoted traders.

Jul 8, 2016

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