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المشهد العربي
Source: المشهد العربي
11 Hrsالمشهد العربي
Source: المشهد العربي
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The People’s Bank of China launched a new liquidity-management framework, making overnight reverse repo operations a key anchor of monetary policy instead of seven-day operations. Its initial operations totaled 541 billion yuan (about $81.3 billion) at an interest rate of 1.25%, resulting in a net withdrawal of 515 billion yuan from the banking system after maturing operations were taken into account.
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