China's central bank to conduct 1-trillion-yuan outright reverse repo operation

Azernews.Az

7 June 2025 08:00 (UTC+04:00)

The People's Bank of China (PBOC), the country's central bank, said Thursday that it will conduct a 1-trillion-yuan (about 139 billion U.S. dollars) outright reverse repo operation on Friday to maintain ample liquidity in the banking system, Azernews reports, citing Xinhua.

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