国产精品99一区二区三_免费中文日韩_国产在线精品一区二区_日本成人手机在线

China's central bank skips open market operations

Source: Xinhua| 2018-01-29 14:32:03|Editor: Liangyu
Video PlayerClose

BEIJING, Jan. 29 (Xinhua) -- China's central bank skipped open market operations Monday to maintain stable liquidity in the banking system.

The suspension was made in order to offset the influence from factors such as the use of Contingent Reserve Arrangement (CRA), fiscal expenditure and maturing reverse repos, the People's Bank of China (PBOC) said on its website.

On Monday, previous reverse repos worth 140 billion yuan (22.2 billion U.S. dollars) matured.

A reverse repo is a process by which the central bank purchases securities from commercial banks through bidding, 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 to interest rates or reserve requirement ratios.

China will maintain a prudent and neutral monetary policy in 2018 as the world's second-largest economy strives to balance growth with risk prevention.

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011100001369334571
主站蜘蛛池模板: 壶关县| 新乡县| 莎车县| 开化县| 永寿县| 铁力市| 枣阳市| 浦县| 二手房| 隆林| 潼南县| 海伦市| 葵青区| 汝州市| 东光县| 宝鸡市| 兰西县| 即墨市| 通海县| 巴彦淖尔市| 平顶山市| 洪泽县| 宕昌县| 拜泉县| 襄樊市| 高州市| 英吉沙县| 金华市| 江山市| 西城区| 西安市| 沅陵县| 新泰市| 济阳县| 平安县| 马鞍山市| 柳林县| 顺义区| 启东市| 德庆县| 皋兰县|