PBOC OMO injects injects 100 bn yuan

By FXStreet FXStreet (Bali) – People’s Bank of China open market operations today has seen an injection of 80 bn yuan with 28-day reverse repos and an injection of 20 bn yuan with 7-day reverese repos.

Yesterday, the PBOC announced that they will temporarily increase the frequency of open-market operations from Jan. 29 to Feb. 19 to guarantee ample liquidity ahed of the Lunar New Year.
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Source:: FX Street