LINE

    Text:AAAPrint
    Economy

    China's central bank skips reverse repos Thursday

    1
    2019-09-12 11:30:43新華網 Editor : Mo Hong'e ECNS App Download

    The People's Bank of China (PBOC), the country's central bank, skipped open market operations via reverse repos on Thursday.

    The PBOC announced the decision in a terse statement on its website, citing reasonably sufficient liquidity in the banking system.

    No reverse repos matured Thursday.

    A reverse repo is a process in which the central bank purchases securities from commercial banks through bidding, with an agreement to sell them back in the future.

    China will keep its prudent monetary policy "neither too tight nor too loose" while maintaining market liquidity at a reasonably ample level in 2019.

    MorePhoto

    Most popular in 24h

    MoreTop news

    MoreVideo

    News
    Politics
    Business
    Society
    Culture
    Military
    Sci-tech
    Entertainment
    Sports
    Odd
    Features
    ECNS Wire
    Biz
    Economy
    Travel
    Photo
    CNS Photo
    Video
    Video
    Special Coverage
    Infographics
    Voices
    LINE
    Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
    Copyright ©1999-2019 Chinanews.com. All rights reserved.
    Reproduction in whole or in part without permission is prohibited.
    主站蜘蛛池模板: 麻栗坡县| 襄城县| 盐池县| 清苑县| 青河县| 广元市| 武汉市| 阳西县| 桓仁| 吕梁市| 南昌市| 南汇区| 民县| 太和县| 邯郸市| 金华市| 南城县| 广灵县| 宜兰市| 疏附县| 龙岩市| 昔阳县| 吴堡县| 信阳市| 乌鲁木齐县| 长汀县| 延安市| 汤阴县| 澄城县| 泉州市| 靖边县| 锦州市| 陆川县| 甘德县| 通州市| 章丘市| 山东省| 金乡县| 武胜县| 色达县| 米易县|