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Last Update: ،
2026/08/18
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06:48:55
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Latest News:
Al-Sharjabi Discusses Water, Sanitation Project Priorities with International Relief Organization, Strengthening ..
Ambassador Al-Sunaini Discusses Strengthening Cooperation, Maritime Security with Japan’s State Minister ..
Al-Muharrami, US Chargé d’Affaires Review Developments, Bilateral Cooperation
State Minister, US Chargé d’Affaires Discuss Houthi Attacks
Al-Khanbashi Praises Kuwait’s Sustained Support for Humanitarian and Development Projects
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:
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