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China Daily |
Updated: 2024-04-24 00:00
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PBOC adds liquidity via reverse repos
China's central bank conducted 2 billion yuan ($281.5 million) in seven-day reverse repos at an interest rate of 1.8 percent on Tuesday. The move aims to keep liquidity reasonable and ample in the banking system, the People's Bank of China said in a statement.
Retail sector seen more value centric
