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Last Update: ،
2025/06/01
Time
02:44:11
Latest News:
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Latest News:
President al-Alimi meets with Arab Ambassadors to Russia
Vice Foreign Minister receives copy of credentials of the Somali Ambassador
Leadership Council Chairman Warns of Iranian Expansion at Institute of Oriental Studies
Chairman of Leadership Council Honors Russian Scholar with Medal of Merit
Ambassador Fakirah Meets with Jordanian Official to Discuss Bilateral Relations
China's central bank conducts 460 billion Yuan of reverse repo
[24/09/2024 11:35]
BEIJING-SABA
The People's Bank of China (PBOC) conducted today, Tuesday, 14-day reverse buybacks worth 460 billion Yuan (about 65.24 billion U.S. dollars) at an interest rate of 1.85 percent.
According to the bank, the move aims to maintain reasonable and ample liquidity in the banking system at the end of the quarter.
The People's Bank of China (PBOC) conducted today, Tuesday, 14-day reverse buybacks worth 460 billion Yuan (about 65.24 billion U.S. dollars) at an interest rate of 1.85 percent.
According to the bank, the move aims to maintain reasonable and ample liquidity in the banking system at the end of the quarter.
Key words:
According - reasonable - liquidity - conducted - SABA The - buybacks - People's - maintain - interest - BEIJING -
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