Ambassador of the Republic of Yemen to the Kingdom of Morocco Azaddin al-Asbahi disussed today, Friday, with the Moroccan Minister of Economic Integration, Labor and Competences Dr. Younis Skori aspects of joint cooperation in training the Yemeni young men and women.
South Korea's economy retreated in the second quarter of the year as weaker domestic demand clouded recovery prospects, despite robust exports, S. Korean News Agency (Yonhap) reported.
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.