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وكالة الأنباء القطرية
PBOC Performs Short-term Liquidity Ops
The People's Bank of China announced that it will conduct overnight reverse repurchase operations from August 27 to January, in order to meet the short-term liquidity needs of the banking system. The operations will be executed at a fixed interest rate through quantity-based auctions, with a daily limit of 600 billion yuan (approximately $88.4 billion). This tool aims to regulate interest rates, ease liquidity volatility, improve liquidity management efficiency, and reduce costs for financial institutions.
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