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PBOC drains net CNY50 bln this week via open market operations

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Dec 10, 2015.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    FXStreet (Mumbai) - Making a note of China Central Bank’s open market operations, PBOC drains a net 50 bln Yuan for the week, versus a net 50 injection last week.

    As for today, PBOC injects 20 bln Yuan through 7 day reverse repos.
    For more information, read our latest forex news.
     

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