People’s Bank of China launches monthly reverse repo oerations to ensure liqudity

The People’s Bank of China says it is to conduct an outright reverse repo operation today, Monday, October 28, 2024

  • and will conduct monthly outright reverse repo operations once a month
  • with a tenor of less than one year

PBOC says its to maintain and ensure sufficient liquidity

This article was written by Eamonn Sheridan at www.forexlive.com. Source