China's central bank skips open market operations for 5th day

          Source: Xinhua| 2019-01-11 14:15:16|Editor: zh
          Video PlayerClose

          BEIJING, Jan. 11 (Xinhua) -- China's central bank skipped open market operations for a fifth consecutive day Friday, citing abundant liquidity.

          As reverse repos worth 110 billion yuan (about 16.2 billion U.S. dollars) matured Friday, the People's Bank of China (PBOC) effectively withdrew the same amount of funds from financial institutions.

          For the whole week, the PBOC has withdrew a total of 410 billion yuan from financial institutions, higher than 320 billion yuan registered during last week.

          "Liquidity in the banking system is at a relatively high level," a PBOC statement said.

          Reverse repos involve the central bank purchasing securities from commercial banks, with an agreement to sell them back in the future.

          China will keep its monetary policy "neither too tight nor too loose" while maintaining market liquidity at a reasonably ample level in 2019, according to the central authorities.

          TOP STORIES
          EDITOR’S CHOICE
          MOST VIEWED
          EXPLORE XINHUANET
          010020070750000000000000011100001377363421
          无码人妻一区二区三区四区av_亚洲精品911在线永久观看_精品一区二区国产在线观看_日韩不卡一区二区视频在线

                  中文字字幕专区在线精品乱码 | 热久久99这里有综合久久 | 色老头在线精品线在线观看 | 日韩精品亚洲日韩精品一区二区 | 专区在线观看中文字幕AV | 亚洲欧美日韩在线网 |