China's Central Bank Adds Overnight Reverse Repo Operations on June 29-30

The People's Bank of China announced it will increase overnight reverse repo operations in its open market operations on June 29-30 to better match short-term liquidity needs of the banking system. The operations will adopt fixed-rate quantity bidding.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments