PBOC Pulls USD1.42 Billion From China's Monetary System
Tang Shihua
DATE:  Aug 19 2019
/ SOURCE:  yicai

(Yicai Global) Aug. 19 -- China's central bank, the People's Bank of China, withdrew CNY10 billion (USD1.42 billion) worth of liquidity from the monetary system this morning via open market operations.

The PBOC conducted seven-day reverse repos worth CNY20 billion while CNY30 billion of the same instrument matured.

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Keywords:   Open Market Operation,Reverse Repo,PBOC