China's central bank conducts reverse repos Monday
BEIJING, Jan. 20 (Xinhua) -- China's central bank conducted 123 billion yuan (about 17.11 billion U.S. dollars) of seven-day reverse repos at an interest rate of 1.5 percent on Monday.
The move aims to keep liquidity in the banking system at an adequate level, the central bank said.
(Editor:Liao Yifan)