PBOC Withdraws USD7.6 Billion From Financial System via OMOs
Zhang Yushuo
DATE: Dec 01 2020
/SOURCE: Yicai
PBOC Withdraws USD7.6 Billion From Financial System via OMOs
(Yicai Global) Dec. 1 -- The People’s Bank of China tightened the banking system's liquidity by CNY50 billion (USD7.6 billion) via open market operations today as it carried out CNY20 billion worth of reverse repos against a maturing tally of CNY70 billion.
PBOC Withdraws USD7.6 Billion From Financial System via OMOs
