(Xinhua/KPL) — China’s central bank on Monday incorporated outright reverse repos, a new liquidity tool, into its monetary policy toolbox to keep liquidity reasonable and ample in the country’s banking system.
The People’s Bank of China (PBOC) will …
(Xinhua/KPL) – China’s central bank conducted 241.6 billion yuan (about 33.88 billion U.S. dollars) of seven-day reverse repos at an interest rate of 1.5 percent Monday.
The move aims to keep liquidity reasonable and ample in the banking system at th…