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China Daily | Updated: 2016-11-30 07:39
Govts & Policies
Central bank drains 10b yuan from market
China's central bank drained 10 billion yuan ($1.45 billion) from the market on Tuesday. This marks the fourth consecutive day that the People's Bank of China has done so. On Tuesday, the central bank conducted 90 billion yuan in seven-day reverse repos, 70 billion yuan in 14-day reverse repos and 30 billion yuan in 28-day reverse repos.
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