China's central bank skips reverse repos Tuesday
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

 

The People's Bank of China, the country's central bank, continued to skip open market operations via reverse repos Tuesday, citing reasonably adequate liquidity in the banking system.

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.

China will keep its prudent monetary policy "neither too tight nor too loose" while maintaining market liquidity at a reasonably ample level in 2019.

Author： 　　　Source：xinhua　　　 Editor：Yang Fan