S&P 500 Futures print mild gains as PBOC makes biggest weekly cash injection in two months – by anilpanchal7 SP500 Riksbank CentralBanks NewsTrading PBOC
“PBOC injected a total of 205 billion Yuan via open market operations on Friday, including 2 billion Yuan through the seven-day tenor and 203 billion through the 14-day tenor,” according to an online statement reported by Reuters.
Reuters also mentioned that with the 41 billion Yuan worth of reverse repos maturing on Friday, the PBOC injected a net 164 billion Yuan on the day. And it brought the weekly cash offerings to a net 704 billion Yuan, the biggest since late October. Information on these pages contains forward-looking statements that involve risks and uncertainties. Markets and instruments profiled on this page are for informational purposes only and should not in any way come across as a recommendation to buy or sell in these assets. You should do your own thorough research before making any investment decisions. FXStreet does not in any way guarantee that this information is free from mistakes, errors, or material misstatements.
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