Global EconomyAugust 2 at 09:22 PM

PBoC injects CNY 69bln via 7-day reverse repos with rate maintained at 1.40%, while it conducts CNY 300bln in overnight reverse repo operation

StockNow breaking-news AI analysis

PBoC maintained the 7-day rate at 1.40% while injecting CNY 369 billion total liquidity, utilizing both 7-day and overnight facilities to manage market volatility and interest rate corridors.

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Geopolitics

PBoC injects CNY 69bln via 7-day reverse repos with rate maintained at 1.40%, while it conducts CNY 300bln in overnight reverse repo operation

What do investors think?

Today's market highlights

Gulf official tells CNN “50:50” chance US and Iran could reach deal by Friday, CNN reports; Iranian delegation does not include IRGC, which would need to sign off on details of provisional agreement

The draft agreed to by Iranian and Omani negotiators awaits final approval from Iran’s supreme leader, two regional officials told The Associated Press on Wednesday

Only 'one or two issues' remain unresolved in Iran-Oman talks, a senior diplomatic source tells Al Jazeera