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PBOC OMO injects injects 100 bn yuan

Discussion in 'Fundamental Analysis' started by FXStreet_Team, Jan 29, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

    Oct 7, 2015
    Likes Received:
    FXStreet (Bali) - People’s Bank of China open market operations today has seen an injection of 80 bn yuan with 28-day reverse repos and an injection of 20 bn yuan with 7-day reverese repos.

    Yesterday, the PBOC announced that they will temporarily increase the frequency of open-market operations from Jan. 29 to Feb. 19 to guarantee ample liquidity ahed of the Lunar New Year.
    For more information, read our latest forex news.

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