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China Daily | Updated: 2019-06-26 07:46
Govt and policies
Central bank skips open market operations
The People's Bank of China, the nation's central bank, skipped open market operations on Tuesday, the second time this week, citing abundant liquidity in the banking system. The central bank said liquidity is staying at a reasonable and sufficient level at present. The PBOC has injected liquidity of 1.565 trillion yuan ($228.2 billion) into the market in June, with the net injection standing at 107 billion yuan.
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