Asian Market Update: PBoC Skips Daily Liquidity Drain For The First Time In About 4 Months

10:07 PM No Comments

PBoC is taking a break in draining liquidity through its twice-weekly open market operations for the first time in 37 sessions. For the week, net of maturing issues, PBoC is still injecting CNY12B, which is down from CNY15B in the prior week. Note that the move by the PBoC comes



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