China central bank skips open market operations Monday | |||||||||||
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//english.dbw.cn 2019-05-13 16:54:52 |
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China's central bank skips open market operations Monday, citing sufficient liquidity in the banking system. Meanwhile, 20 billion yuan (2.94 billion U.S. dollars) reverse repos matured Monday. 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. |
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Author: Source:xinhua Editor:Yang Fan |