share
 

China's central bank conducts reverse repos Thursday

0 Comment(s)Print E-mail Xinhua, April 10, 2025
Adjust font size:

BEIJING, April 10 (Xinhua) -- China's central bank conducted 65.9 billion yuan (about 9.14 billion U.S. dollars) of seven-day reverse repos at an interest rate of 1.5 percent on 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. Enditem

Follow China.org.cn on Twitter and Facebook to join the conversation.
ChinaNews App Download
Print E-mail Bookmark and Share

Go to Forum >>0 Comment(s)

No comments.

Add your comments...

  • User Name Required
  • Your Comment
  • Enter the words you see:   
    Racist, abusive and off-topic comments may be removed by the moderator.
Send your storiesGet more from China.org.cnMobileRSSNewsletter