People's Bank of China injects 18B yuan via 7-day reverse repos

The People's Bank of China added 18 billion yuan of liquidity to the financial system through 7-day reverse repos, while keeping the rate unchanged at 1.40%. The move suggests the central bank is maintaining near-term cash support for markets and banks without altering its policy stance. Reverse repos are a common open-market tool used to inject short-term funds into the banking system.

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