October 28, 2024 at 12:19AM
The People’s Bank of China says it is to conduct an outright reverse repo operation today, Monday, October 28, 2024
and will conduct monthly outright reverse repo operations once a month
with a tenor of less than one year
PBOC says its to maintain and ensure sufficient liquidity
This article was written by Eamonn Sheridan at www.forexlive.com.
People’s Bank of China launches monthly reverse repo oerations to ensure liqudity