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China’s central bank suspends operations

Post News Network
Updated: November 22nd, 2018, 09:09 IST
in International
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Beijing: The People’s Bank of China (PBOC) suspended open market operations Thursday, citing abundant liquidity in the financial system.

It was the 20th consecutive working day for PBOC to skip open market operations — a record long time span since early 2016 when the central bank announced added frequency of open market operations.

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