Chinese Central Bank conducts direct reverse repurchase operation worth 600 billion yuan

Minister of State Discusses Building Yemeni Women’s capacities with Italian Ambassador

The Minister of State for Women’s Affairs, Dr. Ahd Jaasous discussed Saturday with the Italian Ambassador to Yemen Carlo Baldocci ways to strengthen joint cooperation in the areas of women’s economic empowerment and capacity building.

Arab League Calls for Confronting Rising Anti-Muslim Hate

The Arab League on Sunday called for intensified international efforts to confront the growing phenomenon of hate speech and discrimination against Muslims in order to prevent deeper divisions among religions and cultures.

Oil price tops $100 a barrel

Oil prices jumped above $100 per barrel today, Monday, as the U.S. Navy prepares to take control of ship movements in the Strait of Hormuz.

Inter Milan a win away from Serie A title

Inter Milan continued its successful march to reclaim the Italian football league title, despite drawing with its host Torino (2-2), in the conclusion of the 34th round of the competition.

Last Update: ، 2026/05/02 Time 07:52:18
Latest News:

Yemeni Coast Guard Locates Oil Tanker Hijacked off Shabwa Coast

Minister of Human Rights Reviews Conditions of Inmates at Aden Central Prison

Al-Arada Confers with British Ambassador over Assisting Government's Reforms Program

Al-Barakani celebrates EU Ambassador's tour in Taiz, highly appreciates EU interventions

Minister of Education Discusses Partnership with "Pure Hands"

Chinese Central Bank conducts direct reverse repurchase operation worth 600 billion yuan

[15/10/2025 02:18]

BEIJING-SABA
The People's Bank of China announced last Tuesday that it would conduct a direct reverse repurchase operation worth 600 billion yuan (approximately 84.48 billion US dollars) today, Wednesday, in order to maintain ample liquidity in the banking system.

The bank stated in a press release published by the Chinese news agency (Xinhua) that the operation would be carried out with a fixed quantity through interest rate bids, with the winning bids to be determined at multiple price levels and the operation would have a term of six months or 182 days.

Direct reverse repurchase operations, which are a tool introduced by the central bank in October 2024 to manage liquidity in the national banking system, are operations carried out once a month for a term not exceeding one year.