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The Nexus
BUSINESSJun 2 · 03:28 UTCBLOOMBERGCharlie Zhu, Wenjin Lv, Jing Zhao

PBOC Cuts Cash Operation to Record Low as Bond Rally Deepens

The People's Bank of China (PBOC) has reduced its cash operations to a record low, coinciding with a deepening bond market rally.

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