Current location:Earth Enquirer news portal > world
China's central bank adds liquidity via reverse repos
Earth Enquirer news portal2024-05-21 21:32:01【world】1People have gathered around
Introduction(Xinhua) 11:30, March 25, 2024BEIJING, March 25 (Xinhua) -- China's central bank conducted 50 billio
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.
Address of this article:http://belarus.triple-v.org/content-40c699936.html
Very good!(8)
Related articles
- Ricky Stenhouse punching Kyle Busch could lead to suspension
- US officials warn of increase in bacterial illnesses that can lead to meningitis and possibly death
- Cicadas are nature's weirdos, and about to infest 2 parts of the U.S.
- 5 takeaways from the abortion pill case before the U.S. Supreme Court
- How Diddy made himself the 'victim' in apology video where he does not mention ex
- Video from 2022 misrepresented as footage of Baltimore bridge collapse
- Bees cause a buzz and lengthy disruption at Indian Wells tennis during Alcaraz vs Zverev match
- Navalny's body returned to mother, spokeswoman says
- The government wants to buy their flood
- Paris race celebrates waiters, waitresses who nourish city
Popular articles
Recommended
Colton Herta shows speed as Honda fights back in penultimate Indy 500 practice session
Federal data does not show a soaring number of unauthorized migrants registering to vote
Texas bird flu patient being treated after contact with cows
Allergy season arrived early in US. Here's why, what you can do
How Diddy made himself the 'victim' in apology video where he does not mention ex
Posts misrepresent a photo of a Ukrainian soldier balancing on his prosthetic limbs
Search for crew member overboard from fishing vessel in Hawke's Bay
Norwegians facing a shortage as Easter nears are hoarding eggs from neighboring Sweden
Links
- Netanyahu says Hamas No. 4 killed
- Mother of a nine
- JANET STREET
- Chinese Grand Prix could deliver drama to F1 and slow Verstappen's victory march
- Maurizio Cattalan, Zoe Soldana collaborate in iconoclastic Vatican exhibition inside women’s prison
- AP Week in Pictures: Europe and Africa
- After Roe v Wade, alarms sound about emergency pregnancy care in U.S.
- More human remains believed those of missing woman wash up on beach
- Longest ever case of Covid lasted 613 DAYS and turned into ultra
- Olympic sports bodies criticize track and field's move to pay $50,000 for Paris gold medalists