PBOC skips reverse repo for the 35th trading day - Xinhua News Agency
|The People's Bank of China (PBOC) on Thursday skipped reverse reports for the 35th trading day, the longest stretch since early 2016, citing sufficient liquidity in the banking system.
A reverse repo is a liquidity-injecting process by which the central bank purchases securities from commercial banks, with an agreement to sell them back in the future.
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