In Open Market operations from the People's Bank of China:
- To inject 50 bn yuan through 7-day reverse repos
- To inject 20 bn yuan through 14-day reverse repos
- To inject 50 bn yuan through 28-day reverse repos
Stronger mid rate for the CNY against the USD today
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Yesterday we got indications of continuing big credit growth in China:
ICYMI: China Aggregate financing hit a huge new record in January
