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PBOC skips reverse repo for the 35th trading day - Xinhua News Agency

The People's Bank of China (PBOC) on Thursday skipped reverse reports for the 35th trading day, the longest stretch since early 2016, citing sufficient liquidity in the banking system. 

A reverse repo is a liquidity-injecting process by which the central bank purchases securities from commercial banks, with an agreement to sell them back in the future.

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