Current location:International Intrigue news portal > travel
China's central bank adds liquidity via reverse repos
International Intrigue news portal2024-05-21 21:56:14【travel】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://philippines.3elevenboutique.com/article-95c999826.html
Very good!(1748)
Related articles
- Strictly star Giovanni Pernice's former partner Rose Ayling
- Rural Woman Painter Relishes Showing Her True Colors
- Technician Leads Team in Making Scientific, Technological Innovations
- Junior of Revolutionaries Inherits, Promotes Family's 'Red Gene'
- Trump film shocks Cannes as former US President is depicted 'raping' his then
- Entrepreneur Helps Rural Women Shake off Poverty in Northwest China
- 10 Outstanding Women Honored as National March 8th Red
- 10 Outstanding Women Honored as National March 8th Red
- Independent UN experts urge Yemen’s Houthis to free detained Baha'i followers
- I Won the AFC Women's Asian Cup 16 Years Ago and My Football Lives On
Popular articles
Recommended
Jude Bellingham's new model girlfriend Laura Celia Valk looks sensational in a figure
Chinese Woman Reaches Peak of Neuroscience Research
Qian Suyun: Safeguarding Children's Health for Decades
Queen of the Button Empire: China's Legend of Women Empowerment
Judge blocks Biden administration from enforcing new gun sales background check rule in Texas
Scientific Team Contributes to Large Research Infrastructures for Country
Top diplomats meet in Paris to mobilize aid for Sudan, wrecked by war and on the brink of famine
Building BRI in South America
Links
- Group tours come back on menu for overseas travelers
- Struggling Granada sack coach Medina
- Nicole Kidman's kids she shares with ex
- 75 years on, a stronger PLA Navy to contribute more to world peace
- Rory McIlroy and Shane Lowry rally to win Zurich Classic team event
- Spain is in suspense waiting for Pedro Sánchez to say whether he will resign or stay in office
- Macao further eases inbound travel restrictions
- Group tours come back on menu for overseas travelers
- Festive holiday bodes well for tourism rebound
- Brunei welcomes 1st Chinese tourist group in 3 years