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 central bank skips open market operations for 14th consecutive working day

Source: Xinhua| 2018-02-12 12:18:18|Editor: Zhou Xin
Video PlayerClose

BEIJING, Feb. 12 (Xinhua) -- China's central bank suspended open market operations for the 14th working day Monday to maintain stable liquidity in the banking system.

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

The central bank has injected nearly 2 trillion yuan (320 billion U.S. dollars) into the monetary market through Contingent Reserve Arrangement to meet rising cash demand ahead of the Spring Festival holiday.

It also allowed around 450 billion yuan by lowering deposit reserve requirements for inclusive finance, 398 billion yuan through medium-term lending facilities, and 126 billion yuan via pledged supplementary lending.

The overnight Shanghai Interbank Offered Rate (Shibor), which measures the cost at which banks lend to one another, dropped 2.3 basis points to 2.6 percent on Monday.

The central bank has increasingly relied on open market operations for liquidity management, rather than cuts to interest rates or reserve requirement ratios, ensuring cash fluctuations do not exceed expectations.

China will maintain a prudent and neutral monetary policy in 2018 as it strives to balance growth with risk prevention.

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011100001369692991
主站蜘蛛池模板: 镇沅| 吉安市| 甘孜县| 崇阳县| 虹口区| 四会市| 玛纳斯县| 昌平区| 彰化县| 益阳市| 安平县| 张家界市| 黄梅县| 个旧市| 潮安县| 灵石县| 高唐县| 青川县| 灵武市| 双桥区| 辽中县| 澄迈县| 尼玛县| 宁晋县| 西乌珠穆沁旗| 七台河市| 南宁市| 武宁县| 新建县| 杭州市| 保定市| 达州市| 太和县| 潞城市| 工布江达县| 南昌市| 凌云县| 贡觉县| 天镇县| 辉南县| 丽江市|