China’s central bank to conduct 1-trillion-yuan outright reverse repo operation


China's central bank to conduct 1-trillion-yuan outright reverse repo operation

The People’s Bank of China (PBOC), the country’s central bank, said Thursday that it will conduct a 1-trillion-yuan (about 139 billion U.S. dollars) outright reverse repo operation on Friday to maintain ample liquidity in the banking system, Azernews ​reports, citing Xinhua.

Access to paid information is limited

Find the plan that suits you best.

1 month subscription

Full digital access to all news for 1 month

3 months subscription

Full digital access to all news for 3 months

-33%

6 months subscription

Full digital access to all news for 6 months

-36%

1 year subscription

Full digital access to all news for 1 year

-41%

Here we are to serve you with news right now. It does not cost much, but worth your attention.


Choose to support open, independent, quality journalism and subscribe on a monthly basis.


By subscribing to our online newspaper, you can have full digital access to all news, analysis, and much more.


Subscribe



You can also follow AzerNEWS on Twitter @AzerNewsAz or Facebook @AzerNewsNewspaper


Thank you!