PBOC Adds USD4.5 Billion to Banking System via OMOs
Xu Wei
DATE: Nov 11 2020
/SOURCE: Yicai
PBOC Adds USD4.5 Billion to Banking System via OMOs
(Yicai Global) Nov. 11 -- The People's Bank of China poured CNY30 billion (USD4.5 billion) into the country's financial system via open market operations today.
The central bank conducted seven-day reverse repos worth CNY150 billion (USD22.7 billion) while some CNY120 billion worth of them matured.