PBOC drains a net 161.5 bln Yuan this week via OMOs

China Central Bank, PBOC, ended two straight weeks of injections and drained finds this week. PBOC drained a net 161.5 bln Yuan for the week via open market operations (OMOs), versus a net 325 bln Yuan injection last week.

For today, the Chinese central bank injected 90 bln Yuan through 7 day reverse repos, MNI quoted traders.