China's Central Bank Conducts 325.5 Billion Yuan 7-Day Reverse Repo at 1.40% Today

The People's Bank of China conducted a 325.5 billion yuan ($45.8 million equivalent at current rates) 7-day reverse repurchase agreement operation today (July 27), with both the bid amount and successful bid amount equaling 325.5 billion yuan. The operation rate was set at 1.40%, unchanged from the previous level.
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