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China's central bank conducts reverse repos Friday

0 Comment(s)Print E-mail Xinhua, April 11, 2025
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China's central bank conducted 28.5 billion yuan (about 3.95 billion U.S. dollars) of seven-day reverse repos at an interest rate of 1.5 percent on Friday.

A reverse repo is a process in which the central bank purchases securities from commercial banks through bidding, with an agreement to sell them back in the future. 

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