PBOC Pulls USD1.42 Billion From China's Monetary System
Tang Shihua
DATE: Aug 19 2019
/SOURCE: yicai
(Yicai Global) Aug. 19 -- China's central bank, the People's Bank of China, withdrew CNY10 billion (USD1.42 billion) worth of liquidity from the monetary system this morning via open market operations.
The PBOC conducted seven-day reverse repos worth CNY20 billion while CNY30 billion of the same instrument matured.