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Last Update: ،
2025/04/19
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11:55:32
Latest News:
US Treasury imposes sanctions on IBY bank for financing Houthi terrorist militia
Marib Governor's Deputy Meets with WFP Deputy Representative over Food Crisis Response
PM Emphasizes Role of Expatriates in Homeland Development
PM receives Resident Representatives of UNDP in Yemen
Vice Foreign Minister Discusses Developments in Hodeidah Governorate with Deputy Head of UNMHA
Latest News:
US Treasury imposes sanctions on IBY bank for financing Houthi terrorist militia
Marib Governor's Deputy Meets with WFP Deputy Representative over Food Crisis Response
PM Emphasizes Role of Expatriates in Homeland Development
PM receives Resident Representatives of UNDP in Yemen
Vice Foreign Minister Discusses Developments in Hodeidah Governorate with Deputy Head of UNMHA
Chinese Central Bank injects 125 billion yuan into the financial market
[15/05/2023 09:16]
BEIJING-SABA
The People's Bank of China (the central bank) on Monday injected funds into the financial market with a total amount of 125 billion yuan (17.93 billion US dollars) through medium-term lending facilities (MLF) and reverse repo operations.
According to the Chinese news agency (Xinhua) "the central bank also conducted seven-day reverse repos worth 2 billion yuan at an interest rate of 2 percent".
The reverse repo operations known as a "reverse repo" are operations in which the central bank purchase securities from commercial banks through bidding, with an agreement to sell them back to them in the future.
The People's Bank of China (the central bank) on Monday injected funds into the financial market with a total amount of 125 billion yuan (17.93 billion US dollars) through medium-term lending facilities (MLF) and reverse repo operations.
According to the Chinese news agency (Xinhua) "the central bank also conducted seven-day reverse repos worth 2 billion yuan at an interest rate of 2 percent".
The reverse repo operations known as a "reverse repo" are operations in which the central bank purchase securities from commercial banks through bidding, with an agreement to sell them back to them in the future.
Key words:
According - facilities - operations - commercial - securities - agreement - SABA The - financial - conducted - injected -
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