至尊无赖电影未删减完整版在线观看|美丽人生电影在线观看完整版高清|国产v自拍|91国产精品在线,玄幻窃命师未删减完整版在线观看 ,勇士连电影完整版在线观看,成人网亚洲

China boosts liquidity via reverse repos

Source: Xinhua| 2018-01-17 13:11:50|Editor: Lifang
Video PlayerClose

BEIJING, Jan. 17 (Xinhua) -- China's central bank on Wednesday pumped 200 billion yuan (about 30.77 billion U.S. dollars) into the financial system through open market operations.

The operations included 100 billion yuan of seven-day reverse repos, 90 billion yuan of 14-day reverse repos and 10 billion yuan of 63-day reverse repos, the People's Bank of China said on its website.

The interest rates for seven-day and 14-day reverse repos were unchanged at 2.5 percent and 2.65 percent respectively, while the rate for the 63-day operations rose 5 basis points to 2.95 percent compared with previous operations.

The central bank carried out the operations to offset the impact of a tax payment peak and maturing reverse repos.

Offset by 100 billion yuan of maturing reverse repos, the net injection on Tuesday stood at 100 billion yuan.

The central bank has increasingly relied on open market operations for liquidity management, rather than cuts in interest rates or reserve requirement ratios.

This year, monetary policy should be kept neutral and the floodgates of money supply should be controlled, according to the Central Economic Work Conference held last month.

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011100001369020711