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USD/CNY: Repo rates surge amid tax payment week-BofA By Investing.com
Source: Buzz FX / 20 Jan 2025 09:17:23 America/New_York
Bank of America (NYSE: BAC ) (BofA) noted a significant increase in repo rates during the week of January 13 due to heightened liquidity demand triggered by tax payments and limited funding provided by the People's Bank of China (PBoC).
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