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PBOC conducts biggest daily open markets injection in 3 years

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Jan 26, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    FXStreet (Bali) - China Central Bank (PBOC) has conducted its biggest daily open markets injection in 3 years, Reuters reports, after injecting 80 bln yuan through 7 day reverse repos and 360 bln yuan through 28 day reverse repos. The huge injection of liquidity comes as Chinese lunar new year approaches (Feb 8th), a time in which liquidity becomes more sparse.
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