# CHINA:  PBOC Drains CNY515bn of Liquidity During OMO - 11-02-2026 | MNI

> The PBOC drained a net 515 billion yuan of liquidity through overnight and 7-day reverse repos. The article also includes a September US macro outlook excerpt about ISM and FOMC minutes.

- Date: 2026-11-02 · published 2026-11-02T03:09:16.755Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/74678-china-pboc-drains-cny515bn-of-liquidity-during-omo-11-02-2026-mni
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

Routine open market operations do not move feed commodity prices in any direct way.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| USDCNY | 2020-06-17 | [Chinese Yuan Mixed As PBoC Injects More Liquidity Into Banking System](https://feedsoft.ai/events/52833-chinese-yuan-mixed-as-pboc-injects-more-liquidity-into-banking-system.md) | -0.4% | -1.4% |
| USDCNY | 2020-04-16 | [Chinese Yuan Weakens As PBoC Pumps More Liquidity Into Economy](https://feedsoft.ai/events/53877-chinese-yuan-weakens-as-pboc-pumps-more-liquidity-into-economy.md) | +0.2% | +0.3% |
| USDCNY | 2020-07-30 | [Chinese Yuan Slips As PBoC Injects Liquidity Into Banking System](https://feedsoft.ai/events/52326-chinese-yuan-slips-as-pboc-injects-liquidity-into-banking-system.md) | -0.9% | -1.7% |
| USDCNY | 2020-08-31 | [Chinese Yuan Tests 6.8 As PBoC Injects Liquidity, PMI Expands](https://feedsoft.ai/events/51838-chinese-yuan-tests-6-8-as-pboc-injects-liquidity-pmi-expands.md) | -0.3% | -0.8% |
| USDCNY | 2020-02-03 | [China Cuts Rates, Injects Liquidity as Mainland Markets Sink - Bloomberg](https://feedsoft.ai/events/54796-china-cuts-rates-injects-liquidity-as-mainland-markets-sink-bloomberg.md) | +1.2% | +0.6% |

## Sources

- mnimarkets.com: https://www.mnimarkets.com/articles/pboc-drains-cny515bn-of-liquidity-during-omo-1793582814442

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.