A post by @FirstSquawk on X.
PBOC Conducts 187 Billion Yuan in Overnight Reverse Repo Operations at 1.25%
@FirstSquawk on X
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The People's Bank of China injected 187 billion yuan through overnight reverse repurchase operations at a 1.25% rate. The move keeps short-term liquidity flowing into the banking system while holding the policy rate steady. It matters because the operation signals the PBOC's continued preference for fine-tuning cash conditions rather than shifting its stance. Traders will watch upcoming open-market operations and funding rates for signs of whether the central bank adjusts liquidity support.
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People's Bank of China