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| 2018-02-01 11:00:54|Editor: Liangyu
Video PlayerClose

BEIJING, Feb. 1 (Xinhua) -- China's central bank skipped open market operations Thursday to maintain stable liquidity in the banking system.

Liquidity was at a "relatively high level," which can offset the influence from factors such as maturing reverse repos, the People's Bank of China (PBOC) said on its website.

On Thursday, reverse repos worth 80 billion yuan (about 12.7 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
010020070750000000000000011100001369416031
主站蜘蛛池模板: 涿鹿县| 玛纳斯县| 利津县| 丰原市| 贵溪市| 香格里拉县| 肇庆市| 通渭县| 曲靖市| 永善县| 郓城县| 南城县| 长宁区| 南投县| 宝应县| 峨眉山市| 黑河市| 大悟县| 五河县| 化州市| 公主岭市| 南阳市| 定边县| 宣武区| 钦州市| 星座| 林甸县| 偏关县| 嘉善县| 江城| 抚远县| 临泽县| 深水埗区| 灵石县| 苍溪县| 湖南省| 沙湾县| 项城市| 曲靖市| 汪清县| 阳谷县|