Current location:Culture Curve news portal > health
China's central bank adds liquidity via reverse repos
Culture Curve news portal2024-05-21 06:29:24【health】3People 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://honduras.videocameralive.com/article-73e199870.html
Very good!(72)
Related articles
- Kate Hudson hits the stage to debut songs from her new album Glorious at star
- China's new
- Over 5 bln USD of tentative deals inked at east China digital trade expo
- East China’s Jinan endeavors to spur growth of AI industry
- Iran helicopter crash that killed President Raisi could reverberate across the Middle East
- Ozone layer's repair could slow climate change
- Luxury shopping over extended holiday heating up
- Huawei's new mobile OS coming on June 2
- Minnesota Uber and Lyft driver pay package beats deadline to win approval in Legislature
- ASEAN tourism reaps Spring Festival gains
Popular articles
Recommended
Shohei Ohtani's first walk
China expenses concerns over EU commission probes
Xi's Article on Advancing Chinese Modernization to Be Published
China State Shipbuilding Corp wins world's first ammonia
Jessica Biel CHOPS her long locks into a bob after book signing in Studio City
Retailers get into celebratory mood
China gathers pace in integrating new technologies into transportation sector
China expenses concerns over EU commission probes
Links
- Harvey Weinstein to return to court Wednesday after his NY rape conviction was overturned
- King Charles says his 'thoughts and prayers' are with family of 14
- Closing prices for crude oil, gold and other commodities
- Delaware judge refuses to fast
- Penélope Cruz marks her 50th birthday in star
- Argentinian lawyer, 60, hopes to make history by becoming oldest Miss Universe contestant
- Billie Eilish announces 81
- Parishes turmoil as traditionalism sweeps US Catholic Church
- Lady Liberty unguarded: Tax
- Mitch Marsh to lead Australia at cricket's Twenty20 World Cup. Steve Smith misses selection