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The PBOC increases reverse-repurchase operations to ease a cash crunch by injecting 220B yuan...
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Tuesday, August 21, 2012, 2:37 AM ETThe PBOC increases reverse-repurchase operations to ease a cash crunch by injecting 220B yuan ($34.6B) using seven and 14-day contracts, Bloomberg reports. Meanwhile, Xinhua Economic Information Daily carries another stimulus story, saying China will look to boost domestic consumption in H2, including by encouraging the use of credit.
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