PBOC Drains Cash From China Financial System as Market Rates Plummet - Bloomberg
8/2/2022 12:00:00 AM2 years 9 months ago
by Tania Chen
by Tania Chen
China’s central bank drained cash from the banking system for a seventh straight day as market rates plummeted amid ample liquidity.
China’s central bank drained cash from the banking system for a seventh straight day as market rates plummeted amid ample liquidity. The People’s Bank of China withdrew a net three billion yuan ($44… [+185 chars]
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