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| 2018-05-11 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
主站蜘蛛池模板: 蛟河市| 新平| 万安县| 望城县| 常州市| 竹山县| 汝城县| 会理县| 日喀则市| 海兴县| 广安市| 仁化县| 巴林左旗| 滦南县| 宁乡县| 白朗县| 虎林市| 平罗县| 海宁市| 绥阳县| 衡水市| 启东市| 北安市| 菏泽市| 亚东县| 镇巴县| 尖扎县| 鄂托克旗| 无极县| 崇礼县| 涿州市| 漠河县| 彰化市| 吴旗县| 米林县| 勃利县| 延川县| 肇东市| 平武县| 宁波市| 青龙|