<strike id="gegfc"><dl id="gegfc"></dl></strike>
<sub id="gegfc"></sub>

    <mark id="gegfc"></mark>

      China's central bank skips open market operations

      Source: Xinhua| 2018-05-11 14:38:14|Editor: Liangyu
      Video PlayerClose

      BEIJING, May 11 (Xinhua) -- China's central bank skipped open market operations Friday, citing sufficient liquidity in the banking system.

      Liquidity in the banking system was at a "relatively high" level, said the People's Bank of China (PBOC) on its website.

      Twenty billion yuan (about 3.1 billion U.S. dollars) of reverse repos matured Friday, meaning that market liquidity will drop by the same amount. A total of 140 billion yuan of liquidity has been drained from the market this week.

      A reverse repo is a process by which the central bank bids for and buys securities from commercial banks, with an agreement to sell them back in the future.

      The central bank has increasingly relied on open market operations for liquidity management, rather than cuts in interest rates or reserve requirement ratios.

      China has vowed to maintain a prudent and neutral monetary policy in 2018 to balance growth and risk prevention.

      TOP STORIES
      EDITOR’S CHOICE
      MOST VIEWED
      EXPLORE XINHUANET
      010020070750000000000000011100001371720641
      中文字幕日韩无线码在线一区_制服肉丝亚洲中文字幕_日韩欧美无砖专区一中文字目_国产精品点击进入在线影院高清
      <strike id="gegfc"><dl id="gegfc"></dl></strike>
      <sub id="gegfc"></sub>
      
      
        <mark id="gegfc"></mark>
          亚洲欧美韩日一区二区 | 午夜福利在线视频国产不卡 | 制服丝袜综合另类中文字幕 | 中文精品欧美无线码一区 | 香蕉久久99综合一区二区三区 | 欧美亚洲精品免费 |