ABU DHABI / WAM ADGM, the international financial centre of Abu Dhabi, is entering its …
Read More »PBOC resumes reverse repo sales after six-day halt
Bloomberg China’s central bank restarted the use of an instrument that adds cash to the financial system, helping ease liquidity concerns before $153 billion of funds come due this week. The monetary authority sold a total 100 billion yuan ($14.5 billion) of reverse-repurchase agreements, the first auction after a six-day pause, a statement posted on its website showed. While …
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