Business · Economy · 1 day ago

China’s central bank sets 7-day reverse repo operation at zero

China’s central bank sets 7-day reverse repo operation at zero

A reverse repo operation is one way a central bank can manage short-term money flows.

The reported amount for this 7-day operation was zero on October 10.

This means the bank used no funds through this particular operation that day.

It does not tell us whether it used other tools.

Sources

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