Business · Economy · 1 hr ago

China's central bank conducts 50 billion yuan seven-day reverse repo

China's central bank conducts 50 billion yuan seven-day reverse repo

China's central bank conducted a reverse repo operation on October 12.

The operation was worth 50 billion yuan.

It had a seven-day term.

The information provided does not explain why the central bank carried it out.

It does not give details about the operation beyond its amount and term.

No further plans are stated.

Sources

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