China's central bank adds liquidity via reverse repos
BEIJING, Sept. 27 (Xinhua) -- China's central bank conducted 200 billion yuan (about 27.88 billion U.S. dollars) of seven-day reverse repos at an interest rate of 1.8 percent Wednesday.
It also conducted 417 billion yuan of 14-day reverse repos at an interest rate of 1.95 percent.
The move aims to keep liquidity stable at the end of the quarter, the People's Bank of China said in a statement.
(Editor:Liao Yifan)