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China Daily | Updated: 2019-05-10 07:39
PBOC skips open market operations
China's central bank skipped open market operations on Thursday to maintain stable liquidity in the banking system. The People's Bank of China said liquidity has been at a reasonably sufficient level. The suspension came after injections of 10 billion yuan ($1.47 billion) through seven-day reverse repos by the central bank on Wednesday. No reverse repo is due on Thursday.
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