China's central bank continues to skip open market operations
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

 

China's central bank continued to skip open market operations on Thursday, citing abundant liquidity in the banking system.

The People's Bank of China said liquidity had been at a relatively high level.

The central bank has skipped reverse repos for six consecutive working days.

No reverse repo is due on Thursday.

A reverse repo is a process by which the central bank purchases securities from commercial banks through bidding, with an agreement to sell them back in the future.

Author： 　　　Source：xinhua　　　 Editor：Yang Fan