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PBoC to Inject 140 Billion Yuan Through Seven-day Reverse Repos: Traders

Tuesday, April 26, 2016 9:19
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(Before It's News)

by Reuters
Investing.com

SHANGHAI (Reuters) – China’s central bank will inject 140 billion yuan ($21.58 billion) into money markets through seven-day reverse bond repurchase agreements on Tuesday, traders said.

Maturing reverse repos will drain a net 870 billion yuan from the banking system this week.

The People’s Bank of China conducted a net injection of 680 billion yuan into the banking system last week.

Continue Reading at Investing.com…

The post PBoC to Inject 140 Billion Yuan Through Seven-day Reverse Repos: Traders appeared first on Financial Survival Network.



Source: http://financialsurvivalnetwork.com/2016/04/pboc-inject-140-billion-yuan-seven-day-reverse-repos-traders/

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