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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.


WB grants a $100 million to Madagascar
Natural gas prices in Europe decline to lowest level
U.S. federal debt exceeds $37 trillion
1.5 trillion dollars in revenue for light industry sector in China
Foreign currency reserves in Egypt increase up to $49.036 billion
GDP grows 0.1 percent in Eurozone
China's fiscal expenditure increases 3.4 pect in H1
Korea's exports shrinks 2.2 percent
Italian GDP rises 0.3 percent
China's Foreign Exchange Reserves Rise to $3.2853 Trillion in May

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