Çin Merkez Bankası Executes Overnight Repo Operation with a Historic Move

The Çin Halk Bankası (PBOC) brought an innovative approach to its monetary policy tools by executing an overnight reverse repo operation for the…

With this operation conducted under open market operations, a total of 300 milyar yuan in funds was provided to the market. This step by the bank reveals its aim to pursue a more flexible and precise strategy…