Briefly

PBOC adds liquidity via reverse repos

China's central bank conducted 381 billion yuan ($53.65 billion) of seven-day reverse repos at an interest rate of 1.8 percent on Monday. It also conducted 90 billion yuan of 14-day reverse repos at an interest rate of 1.95 percent. The move aims to keep liquidity reasonable and ample at the end of the year, the People's Bank of China said in a statement.

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