中文简体 | 中文繁体 | Партнеры | 日本語 | 한글
您当前的位置 : 东北网  >  English  >  News  >  China
China's central bank pumps 50 bln yuan into market
Take me away, mom
Animals on the Road
  • “Water Margin” on eggs
  • Cat the occupier
  • Adorable animals pose like stars
  • Cuddle up together, battling against blizzard
  • Sunshine in the life
  • //english.dbw.cn  2019-01-31 11:46:55
     

    China's central bank on Wednesday boosted liquidity in the banking system by 50 billion yuan (about 7.46 billion U.S. dollars) through reverse repos.

    The operation was made through 14-day reverse repos at an interest rate of 2.7 percent, the People's Bank of China (PBOC), the central bank, said on its website.

    The PBOC said that it conducted the operation to maintain reasonable and sufficient liquidity in the banking system.

    No reverse repos matured Wednesday.

    Reverse repos enable the central bank to purchase securities from commercial banks through bidding with an agreement to sell them back in the future.

    Author:    Source:xinhua    Editor:Yang Fan

    share: 0
    Copyright © 2001-2011 DBW.CN All Rights Reserved.