Wednesday, April 1, 2009

"An employee counts Renminbi banknotes...


...at a branch of Bank Of China in Changzhi, Shanxi province March 31, 2009. China's central bank is draining 80 billion yuan ($11.7 billion) from the money market on Tuesday through 28-day bond repurchase agreements, traders said. A total of 183 billion yuan in central bank bills and repos is due to mature this week. Last week, the central bank conducted a net injecton of 38 billion yuan into the market."

REUTERS/Stringer

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