The People’s Bank of China, China’s central bank, announced it will carry out 1.4 trillion yuan (US$195 billion) in reverse repurchase agreements on Tuesday.
- The Bank said the move is intended to ensure liquidity in the banking system remains “reasonably ample.”
- The reverse repos will have maturities of three and six months.
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Also from China today:
- Economic calendar in Asia 15 July 2025 – China Q2 GDP and June economic activity data
Tailwinds a plenty for China!
- Where are Sovereign Wealth Funds and Central Banks shifting funds to? China, USD
- Chinese President Xi Jinping’s war on deflation speeds up – “Anti – involution” policy
- ICYMI – China set to ramp up and broaden its fiscal support in the second half of the year
This article was written by Eamonn Sheridan at www.forexlive.com.
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