The Traderszone Network

Published in TZ Latest News 10 March, 2016 by The TZ Newswire Staff

PBOC Open market operations today, 20bn inject bn yuan

People’s Bank of China injects 20bn yuan via 7-day reverse repos

The net drain for the week is 205bn yuan
Last week 840bn yuan was drained (also last week we got a RRR cut, which is equivalent to a big injection of funds into the market)