Global EconomyJuly 30 at 09:22 PM

PBoC injects CNY 134bln via 7-day reverse repos with rate maintained at 1.40%

StockNow breaking-news AI analysis

PBoC maintained its 7-day reverse repo rate at 1.40% while injecting CNY 134bn. This follows calls for counter-cyclical adjustments amid slowing economic momentum and weak credit demand.

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