Business · Markets · 2 hrs ago

China’s central bank conducts 263 billion yuan overnight reverse repo

China’s central bank conducts 263 billion yuan overnight reverse repo

China’s central bank conducted an overnight reverse repo operation on November 5.

The operation was worth 263 billion yuan.

It was described as an overnight operation.

The available information does not state why the central bank carried it out.

It also gives no details about the operation’s terms or effects.

No further action is specified.

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