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PBOC OMO injects injects 100 bn yuan

FXStreet (Bali) - People’s Bank of China open market operations today has seen an injection of 80 bn yuan with 28-day reverse repos and an injection of 20 bn yuan with 7-day reverese repos.

Yesterday, the PBOC announced that they will temporarily increase the frequency of open-market operations from Jan. 29 to Feb. 19 to guarantee ample liquidity ahed of the Lunar New Year.

PBOC sets USD/CNY at 6.5516 vs 6.5754 last close

PBOC sets USD/CNY at 6.5516 vs 6.5754 last close
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China A50 FTSE futures down by 0.45% ahead of Shanghai

China futures (A50 FTSE - benchmark for investors to access the China domestic market through A Shares – ) is trading down by 0.45% ahead of the Shanghai cash open, following a -2.85% decline in the Shanghai Composite yesterday.
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