Edition: English Asia Pacific Africa Europe | Español Français العربية Pусский | 中文简体 中文繁体
Homepage > Biz Video

PBOC to inject 60 bln yuan via reverse repos


01-27-2015 16:00 BJT

China's central bank was to inject 30 billion yuan, or 4.8 billion US dollars, into the money markets today through seven-day reverse bond repurchase agreements and 30 billion yuan more through 28-day reverse bond repurchase agreements. 

The move comes as maturing reverse repos this week will drain a net 50 billion yuan injected into the markets last week by the People's Bank of China. The PBOC said earlier that it's working to ensure a stable monetary supply and to prevent too much liquidity from flowing into the markets. The central bank also said that it bases its monetary decisions on constantly changing economic circumstances.

Follow us on

  • Please scan the QR Code to follow us on Instagram

  • Please scan the QR Code to follow us on Wechat

We Recommend

  • World Heritage China Part 29
  • Glamorous Indonesia Part 2
  • Along the Coast Part 41
  • Glamorous Indonesia Part 1
  • Dreams and the business reality
  • Philippines' beauty pageant obsession
  • China's love for basketball
  • Box office online
  • Jixi: Land of luminaries II