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PBOC Mounts RMB236B Reverse Repo, Net Withdrawal of RMB376B in Single Day
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Today (16th), the People's Bank of China (PBOC) conducted a 7-day reverse repo operation of RMB236 billion in the open market, with the operation rate remaining unchanged at 1.4%.

Additionally, RMB612 billion of reverse repos matured, resulting in a net withdrawal of RMB376 billion in a single day.

Related NewsInflation Rate YoY for Sep in China is -0.3%, higher than the previous value of -0.4%. The forecast was -0.1%.

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