Run by Xinhua News Agency/ China Finance Corporation (CFC)



PBOC suspends OMOs this week, draining a net RMB450 bln

2014-02-13 GMT+8:00

The People’s Bank of China (PBOC),China’s central bank, suspended its open market operations this week. As there were 450 billion yuan worth of reverse repos due this week, the central bank finally realized liquidity draining of a net 450 billion yuan. ... Full Story