A post by @FirstSquawk on X.
PBOC conducts 190 billion yuan in overnight reverse repo operations at an interest rate of 1.25%.
@FirstSquawk on X
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The People's Bank of China injected 190 billion yuan through overnight reverse repo operations at a 1.25% interest rate. The move adds short-term liquidity to the banking system while keeping the policy rate unchanged. It matters as a signal of the central bank's continued accommodative stance to manage funding conditions. Watch upcoming open-market operations and any shifts in the 1.25% rate for signs of policy direction.
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People's Bank of China