Arab Today, arab today china\s central bank drains liquidity via repo
Last Updated : GMT 05:43:04
Arab Today, arab today
Arab Today, arab today

China\'s central bank drains liquidity via repo

Arab Today, arab today

Arab Today, arab today China\'s central bank drains liquidity via repo

Beijing - XINHUA

The People's Bank of China, the central bank, announced on Thursday a forward repurchase operation (repo) of 100 billion yuan (16.4 billion U.S. dollars) from the money market. The 28-day repo at a yield of 4 percent, together with another 100 billion yuan in repos launched on Tuesday, resulted in a net capital withdrawal of 40 billion yuan from the banking system this week after deducting 160 billion yuan worth of repos due this week. Thursday's repo is the eighth time the central bank has launched repos since Feb. 18, repurchasing a total of 565 billion yuan. China's money market rates are running low, indicating abundant liquidity in the banking sector. The Shanghai Interbank Offered Rate (Shibor), a gauge of interbank borrowing costs, stood at 1.96 percent for the overnight reading and 2.5 percent for the seven-day reading.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today china\s central bank drains liquidity via repo Arab Today, arab today china\s central bank drains liquidity via repo

 



Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

Arab Today, arab today china\s central bank drains liquidity via repo Arab Today, arab today china\s central bank drains liquidity via repo

 



Arab Today, arab today France defies terrorism through tourism

GMT 15:18 2017 Saturday ,20 May

France defies terrorism through tourism
Arab Today, arab today Mai Al-Jeddawi presents décor ideas for Ramadan
View News in Arabic - Business: مصارف
Arab Today, arab today
Arab Today, arab today

GMT 09:49 2017 Tuesday ,02 May

Girl barred from Malaysia chess competition

GMT 08:48 2017 Saturday ,06 May

Climate science: Bad news gets worse

GMT 16:25 2017 Sunday ,04 June

“Suhoor” is basic meal for fasting

GMT 06:31 2015 Thursday ,04 June

Pluto's unruly moons

GMT 23:13 2017 Sunday ,18 June

New ransomware virus attacking mobiles in Oman
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday