Business · Markets · 6 hrs ago

China’s central bank conducts 190 billion yuan overnight reverse repo

China’s central bank conducts 190 billion yuan overnight reverse repo

China’s central bank conducted an overnight reverse repo operation on November 10.

The operation was worth 190 billion yuan.

It was an overnight operation, according to the brief announcement.

The announcement does not give further details about the operation’s terms.

It also gives no information on its effect on financial markets or the wider economy.

No next steps are stated.

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