PBoC injected CNY 183B (USD 25.28B) of liquidity through seven-day reverse repurchases agreements in open market operations today. The China’s central bank said it’s for “maintaining steady year-end liquidity level”. Through the week, PBoC injected a net CNY 975B, the largest amount since January 2019. USD/CNH has been steadily in range since hitting 6.9296 earlier […]
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