HomeEconomyChina's central bank cuts 14-day reverse repurchase rate, boosts cash injection Economy China's central bank cuts 14-day reverse repurchase rate, boosts cash injection By farahat September 19, 2022 0 104 views Share FacebookTwitterPinterestWhatsApp Dollar /CNY +0.11% Add to Watchlist/Remove from Watchlist Add to watch list Add Location Job added successfully: Please name your portfolio type: purchase Sell date: quantity: price point value: Leverage: 1:1 1: 1: Shanghai (Reuters) ) – The People’s Bank of China has lowered borrowing costs – Monday reversed repurchase and ramped up cash injection to offset higher demand near quarter end. The People’s Bank of China (PBOC) injected RMB 2 billion ($ . million) via 7-day reverse repo and another 100 million yuan passed – the day tenor, it said in a statement. The People’s Bank of China said the increase in daily cash injections from the daily issuance of 2 billion yuan since July is In order to “maintain stable end-of-quarter liquidity levels,” the statement said. The People’s Bank of China has also resumed work – first daytime operation since late January, At the same time, the interest rate of liquidity instruments will be lowered The base point is 2.% from 2.%. The rate cut is a catch-up move to the central bank’s August decision to cut some key rates, including the seven-day reverse repo rate, to revive credit demand and support a weakening economy. Mond has no reverse repo to Period Yes, the central bank capital injection network RMB 100 million through short-term liquidity instruments. ($1=6.54 25RMB ) 54 Share FacebookTwitterPinterestWhatsApp Previous articleDollar off 20-year peak as Fed headlines big central bank weekNext articleAniplex, DeskWorks! Preview the World II World Smartphone RPG in the first video farahat RELATED ARTICLES Economy Fed's Goolsbee says U.S. debt ceiling deal avoided 'extremely negative' consequences May 28, 2023 Economy Israel watchdog asks banks for data on rate probe May 28, 2023 Economy Czech central bank chief Holub: further rate hikes still make sense May 28, 2023 LEAVE A REPLY Cancel reply Comment: Please enter your comment! Name:* Please enter your name here Email:* You have entered an incorrect email address! Please enter your email address here Website: Save my name, email, and website in this browser for the next time I comment. USA Trends Messi-mad Indian mom driving to Qatar to see hero in his final World Cup December 7, 2022 Drew Brees fakes lightning strike in promotional stunt for online sportsbook December 3, 2022 Who could be speaker, if not Kevin McCarthy December 3, 2022 3 bold Utah football predictions for Pac-12 Championship vs. USC December 3, 2022 Load more LAST NEWS Demon Slayer: Swordsmith Village Arc Anime Cast Kengo Kawanishi Twice & Manami Numakura May 28, 2023 Fed's Goolsbee says U.S. debt ceiling deal avoided 'extremely negative' consequences May 28, 2023 Josh O'Connor on why his character in 'Chimera' is 'much more like me' than Prince Charles in 'The Crown' May 28, 2023 Weekly Poll Results: Poco F5 Much Loved, F5 Pro Not So Much May 28, 2023 Load more Featured NEWS Pros react after Robert Whittaker beats Marvin Vittori at UFC Paris September 4, 2022 Android will soon let you switch between Spotify Connect speakers from the lock screen January 6, 2023 What to Wear to Pilates: The 20 Best Pilates Clothing and Accessories to Consider May 10, 2023 How to Turn Inflation and Recession into Your Biggest Business Opportunity August 15, 2022 Load more
