Chinese Central Bank injects 125 billion yuan into the financial market

Vice Foreign Minister meets with Acting U.S. Treasury Assistant Secretary

Vice Foreign Minister Mustafa Noman met Tuesday here with the Acting USTreasury Assistant Secretary Anna Morris.

Israeli aggression on Gaza leaves 51,157 people martyred, and 116,724 others Injured

The ongoing aggression by Israeli occupation forces on Gaza has resulted in a death toll of 51,157 and 116,724 injuries since October 7, 2023.

Oil prices fall to $65.61 a barrel

Crude oil prices fell in early Asian trading today, Tuesday, as investors' expectations of demand growth eased due to ongoing trade tensions between the United States and China.

Barcelona Wins UEFA Youth League

The Spanish team, Barcelona, won the UEFA Youth League title after a resounding 4-1 victory over Trabzonspor in the final.

Last Update: ، 2025/04/30 Time 09:30:41
Latest News:

Marib local authority discusses difficult conditions with Humanitarian Coordinator

Al-Aradah discusses latest developments with Dutch Ambassador

President al-Alimi praises Dutch contribution to development drive

Hadramout Governor, Chinese Ambassador discuss development efforts

Yemeni Ambassador to Japan, Accept International Discuss Humanitarian Cooperation

Chinese Central Bank injects 125 billion yuan into the financial market

[15/05/2023 09:16]

BEIJING-SABA
The People's Bank of China (the central bank) on Monday injected funds into the financial market with a total amount of 125 billion yuan (17.93 billion US dollars) through medium-term lending facilities (MLF) and reverse repo operations.

According to the Chinese news agency (Xinhua) "the central bank also conducted seven-day reverse repos worth 2 billion yuan at an interest rate of 2 percent".

The reverse repo operations known as a "reverse repo" are operations in which the central bank purchase securities from commercial banks through bidding, with an agreement to sell them back to them in the future.