{"id":5382,"date":"2023-05-19T21:33:44","date_gmt":"2023-05-19T16:33:44","guid":{"rendered":"https:\/\/www.asiafreepress.com\/?p=5382"},"modified":"2023-05-19T21:33:46","modified_gmt":"2023-05-19T16:33:46","slug":"chinas-central-bank-adds-liquidity-via-reverse-repos","status":"publish","type":"post","link":"https:\/\/www.asiafreepress.com\/en\/news\/chinas-central-bank-adds-liquidity-via-reverse-repos\/","title":{"rendered":"China&#8217;s central bank adds liquidity via reverse repos"},"content":{"rendered":"<p><strong>BEIJING, May 19: China&#8217;s central bank continued to inject funds into the financial system through open market operations Friday.<br>The People&#8217;s Bank of China said it has conducted 2 billion yuan (about 284.27 million U.S. dollars) of seven-day reverse repos at an interest rate of 2 percent.<\/strong><\/p>\n\n\n\n<p>The move is aimed at keeping liquidity reasonable and ample in the banking system, according to the central bank.<br>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.<\/p>","protected":false},"excerpt":{"rendered":"<p>BEIJING, May 19: China&#8217;s central bank continued to inject funds into the financial system through open market operations Friday.The People&#8217;s Bank of China said it has conducted 2 billion yuan (about 284.27 million U.S. dollars) of seven-day reverse repos at an interest rate of 2 percent. The move is aimed at keeping liquidity reasonable and [&hellip;]<\/p>","protected":false},"author":28,"featured_media":5383,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[80,81,2],"tags":[],"class_list":["post-5382","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-asia","category-china","category-news"],"_links":{"self":[{"href":"https:\/\/www.asiafreepress.com\/en\/wp-json\/wp\/v2\/posts\/5382"}],"collection":[{"href":"https:\/\/www.asiafreepress.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.asiafreepress.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.asiafreepress.com\/en\/wp-json\/wp\/v2\/users\/28"}],"replies":[{"embeddable":true,"href":"https:\/\/www.asiafreepress.com\/en\/wp-json\/wp\/v2\/comments?post=5382"}],"version-history":[{"count":0,"href":"https:\/\/www.asiafreepress.com\/en\/wp-json\/wp\/v2\/posts\/5382\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.asiafreepress.com\/en\/wp-json\/wp\/v2\/media\/5383"}],"wp:attachment":[{"href":"https:\/\/www.asiafreepress.com\/en\/wp-json\/wp\/v2\/media?parent=5382"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.asiafreepress.com\/en\/wp-json\/wp\/v2\/categories?post=5382"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.asiafreepress.com\/en\/wp-json\/wp\/v2\/tags?post=5382"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}