China's central bank skips open market operations for 17th trading day

Source: Xinhua| 2018-08-13 15:47:33|Editor: Li Xia
Video PlayerClose

BEIJING, Aug. 13 (Xinhua) -- China's central bank has suspended open market operations for 17 trading days in a row, citing abundant liquidity in the financial system.

Liquidity in the banking system is at a "relatively high" level, which can offset the impact from factors such as repaying local debt, the People's Bank of China (PBOC) said Monday on its website.

No reverse repos will mature this week.

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

PBOC has said that the country's prudent monetary policy will be kept neutral and be neither too tight nor too loose.

The central bank will make policies more forward-looking, flexible and effective, maintain proper control over the floodgate of money supply and keep liquidity at a reasonable and abundant level, according to the bank's second-quarter report.

TOP STORIES
EDITOR’S CHOICE
MOST VIEWED
EXPLORE XINHUANET
010020070750000000000000011100001373870901
国产无码在线观看免费在线,37pao国产成视频,日韩一区二区视频在线,国产国产人免费人成免费视频麻豆
无色码中文字幕亚洲精品 | 亚洲国产欧美在线成人最新 | 日本亚洲国产一区二区三区 | 亚洲国产另类久久久精品网站 | 在线的Av免费观看 | 欧美激情一区二区美利坚 |