Tag: #Liquidity
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China’s central bank skips reverse repos for 2nd day
BEIJING, Sep 30 (XINHUA/APP):China’s central bank skipped reverse repos for a second day in a row on Monday, citing abundant liquidity on the market. The overall liquidity in the banking system is on a relatively high level due to increased fiscal expenditures near the end of the quarter, the People’s Bank of China said on…