MNI: PBOC Net Injects CNY158.6 Bln via OMO Thurs; Rate Cut

MNI (BEIJING) - The People's Bank of China (PBOC) conducted CNY158.6 billion via 7-day reverse repos, with the rate lowered to 1.40% from the previous 1.50%. The operation led to a net injection of CNY158.6 billion as no repos mature today, according...