{"id":1949841,"date":"2024-04-23T03:05:02","date_gmt":"2024-04-23T03:05:02","guid":{"rendered":"https:\/\/africannewsagency.com\/?p=1949841"},"modified":"2024-04-23T03:10:24","modified_gmt":"2024-04-23T03:10:24","slug":"chinas-central-bank-adds-liquidity-via-reverse-repos-12","status":"publish","type":"post","link":"https:\/\/africannewsagency.com\/xinhua-news-agency\/chinas-central-bank-adds-liquidity-via-reverse-repos-12\/","title":{"rendered":"China&#039;s central bank adds liquidity via reverse repos"},"content":{"rendered":"<p>   BEIJING, April 23 (Xinhua) &#8212; China&#8217;s central bank conducted 2 billion yuan (about 281.5 million U.S. dollars) of seven-day reverse repos at an interest rate of 1.8 percent Tuesday.<br \/>\n   The move aims to keep liquidity reasonable and ample in the banking system, the People&#8217;s Bank of China said in a statement.<br \/>\n   A reverse repo is a process in which the central bank purchases securities from commercial banks through bidding, with an agreement to sell them back in the future.  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A reverse repo is [&hellip;]<\/p>\n","protected":false},"author":661,"featured_media":0,"comment_status":"close","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"ngg_post_thumbnail":0,"footnotes":""},"categories":[404],"tags":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v21.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>China&#039;s central bank adds liquidity via reverse repos | African News Agency<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"http:\/\/home.xinhua-news.com\/rss\/newsdetaillink\/7e4f950a6bf3fbf8f17a541bb5900b47\/1713841505822\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"China&#039;s central bank adds liquidity via reverse repos | African News Agency\" \/>\n<meta property=\"og:description\" content=\"BEIJING, April 23 (Xinhua) &#8212; China&#8217;s central bank conducted 2 billion yuan (about 281.5 million U.S. dollars) of seven-day reverse repos at an interest rate of 1.8 percent Tuesday. 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