China's Central Bank Injects 500 Million Yuan Today, Drains 365.6 Billion Yuan This Week

According to Golden Finance, China's central bank conducted 500 million yuan in 7-day reverse repos today (May 8), achieving net injection of 500 million yuan as no repos matured.

This week, the central bank conducted 5.35 billion yuan in 7-day reverse repos while 41.91 billion yuan in repos matured, resulting in net drainage of 365.6 billion yuan for the week.

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