Search
Close this search box.

Central Bank of China Injects Nearly $29.28 Billion via Reverse Repos

China's central bank announced it will conduct seven-day reverse repos worth 210 billion yuan (about $29.5 billion) at an interest rate of 1.7 percent. The move aims to maintain reasonable and ample liquidity in the banking system, Xinhua news agency reported, citing a statement from the bank. Reverse repos are operations in which the central bank buys securities from commercial banks through bidding, with an agreement to resell it to them in the future. Source: Qatar News Agency

  • Recent Post

Join us as we navigate the ever-changing world of news, offering unique perspectives and meaningful stories that resonate with our readers. Whether you are interested in local news, international affairs, or market updates, Jazira Newswire is here to provide you with the information you need to make informed decisions. Trust us to bring you reliable and comprehensive coverage across a broad spectrum of subjects to deliver comprehensive coverage of global events. We are driven by a commitment to providing timely and accurate information on a wide range of topics. Our team is passionate about delivering news that matters, and keeping our readers informed and engaged.read more

Copyright © 2026 jaziranewswire.qa. All Rights Reserved.