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PBOC Net Withdraws RMB32B Today
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The People's Bank of China (PBOC) conducted a 7-day reverse repo operation of RMB128.7 billion today (14th), with the operation rate remaining unchanged at 1.4%.

With RMB160.7 billion of reverse repos maturing today, there is a net withdrawal of RMB32 billion for the day.

Related NewsRetail Sales YoY for Jul in China is 3.7%, lower than the previous value of 4.8%. The forecast was 4.6%.

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