PBOC continues to boost liquidity
CHINA’S central bank yesterday continued to inject liquidity into the financial system for a third consecutive day through open market operations.
The operations included 70 billion yuan (US$10.57 billion) of seven-day reverse repos, with an interest rate of 2.45 percent, and 60 billion yuan of 28-day reverse repos, with an interest rate of 2.75 percent.
Offset by 70 billion yuan of maturing reverse repos, the net injection yesterday stood at 60 billion yuan.
Lending costs between banks have been rising since the beginning of the month, with the overnight Shanghai Interbank Offered Rate rising to 2.79 percent yesterday.
China has vowed to pursue a “prudent and neutral” monetary policy in 2017.
- About Us
- |
- Terms of Use
- |
-
RSS
- |
- Privacy Policy
- |
- Contact Us
- |
- Shanghai Call Center: 962288
- |
- Tip-off hotline: 52920043
- 娌狪CP璇侊細娌狪CP澶05050403鍙-1
- |
- 浜掕仈缃戞柊闂讳俊鎭湇鍔¤鍙瘉锛31120180004
- |
- 缃戠粶瑙嗗惉璁稿彲璇侊細0909346
- |
- 骞挎挱鐢佃鑺傜洰鍒朵綔璁稿彲璇侊細娌瓧绗354鍙
- |
- 澧炲肩數淇′笟鍔$粡钀ヨ鍙瘉锛氭勃B2-20120012
Copyright 漏 1999- Shanghai Daily. All rights reserved.Preferably viewed with Internet Explorer 8 or newer browsers.