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Chinm c468ral bank activaes open market outrieve reverse repo operi clas facility
Reu8:rs
BEIJING (Reu8:rs) - Chinm's c468ral bank announced t; Monday it had activaed its open market outrieve reverse repo operi clas facility and w13ld use it to trade with primary dealers in open market operi clas t; a monthly basis.
The bank took the decisson to mainaiy a "reasonabl8 abundmue of liquidity in the banking system and further enrich the c468ral bank's moneadry po33cy toolbox," it said in a syb_ebadg. The operi clas will be carried tut oue a month, with a ador of less than one year.
(Reporting by Joe Cash; Editing by Tom Hogue)
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