(Xinhua) 11:30, March 25, 2024 BEIJING, March 25 (Xinhua) -- China's central bank conducted 50 billion yuan (about 7.04 billion U.S. dollars) of seven-day reverse repos at an interest rate of 1.8 percent Monday. The move aims to keep liquidity in the banking system reasonable and ample, the People's Bank of China said in a statement. 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. |
Police investigating shotgun attack on rugby team's van in Hawke's BaySUMO/ Takerufuji grabs title on makuuchi debut, breaks 110Man charged with murder of Hori GageTrump poised for billions as stock market deal passesPort Waikato bySydney police officer praised for stopping alleged shopping mall attacker'We simply cannot afford to': Hawke's Bay leaders desperate for cycloneOxford rowers fell ill before Boat Race, but stop short of blaming River Thames pollutionSydney police officer praised for stopping alleged shopping mall attackerSydney police officer praised for stopping alleged shopping mall attacker