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(Yicai Global) Dec. 26 -- The People's Bank of China took a break from conducting open market operations for the third straight day today while drawing out CNY30 billion (USD4.3 billion) from the country's financial system.
Some CNY30 billion worth of reverse repos matured today with no new additions. The central bank took back another CNY50 billion by skipping OMOs yesterday, citing ample liquidity in the banking system.
Editor: Emmi Laine