China's central bank adds liquidity via reverse repos
Release time：2024-05-22 03:30:06 Source：Earth Echo news portal
-
(Xinhua) 11:30, March 25, 2024
BEIJING, March 25 (Xinhua) -- China's central bank conducted 50 billion yuan (about 7.04 billion U.S. dollars) of seven-day reverse repos at an interest rate of 1.8 percent Monday.
The move aims to keep liquidity in the banking system reasonable and ample, the People's Bank of China said in a statement.
A reverse repo is a process in which the central bank purchases securities from commercial banks through bidding, with an agreement to sell them back in the future.
- Previous：The government wants to buy their flood
- Next：A warrant for Netanyahu’s arrest was requested. But no decision was made about whether to issue it
Related articles
- MPs' fury at 'virtue
- SpaceX Dragon cargo spacecraft returns to Earth with scientific experiments
- Sickening moment father made his six
- China promoting rapid development of commercial space industry: CNSA
- Defending champion South Carolina to open season in Las Vegas against Michigan
- Police in Fort Worth say four children are among six people wounded in a drive
- Top Pakistan medical official resigns for mishandling fast bowler's elbow injury
- Hainan's low
- Yu Darvish extends scoreless innings streak to 25 in Padres' 9
- Global think tank forum highlights future industries, innovation
- Germany's foreign minister visits Kyiv as Ukraine battles to hold off a Russian offensive
- Iraqi PM vows to diversify national economy
- Iran reiterates commitment to IAEA cooperation
- The prospect of a 'banking
- Bella Hadid goes braless in a thigh
- Asian American Literature Festival that was canceled by the Smithsonian in 2023 to be revived
- Erik Jones cleared to return by NASCAR but will sit out Kansas race after back injury at Talladega
- Pennsylvania nurse who gave patients lethal or possibly lethal insulin doses gets life in prison
- DR MARTIN SCURR: How losing your hearing may cause dementia
- A North Carolina man is charged with mailing an antisemitic threat to a Georgia rabbi
Random recommendation
Planning for potential presidential transition underway as Biden administration kicks it offMississippi lawmakers consider new school funding formulaChina's top anti90 Day Fiance's Loren Brovarnik talks undergoing SEVENQueen Mary of Denmark wears the palace's stunning crown jewels for the first timeGordon, Jokic lead the Nuggets to the brink of a sweep with a 1122024 NFL Draft: From Caleb Williams' gorgeous longUN warns Sudan paramilitary forces are encircling a capital in western Darfur, urges against attackNFL to allow players to wear protective softUN warns Sudan paramilitary forces are encircling a capital in western Darfur, urges against attack
- Copyright © 2024 Powered by China's central bank adds liquidity via reverse repos ,Earth Echo news portal sitemap