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The PBOC is using so-called reverse-repurchase agreements to temporarily pump money in and out of the banking system instead of the longer-term measure of changing the reserve ratio.

Photographer: Nelson Ching/Bloomberg

The PBOC is using so-called reverse-repurchase agreements to temporarily pump money in and out of the banking system instead of the longer-term measure of changing the reserve ratio.
November 19, 2012
Article
China May Refrain From Reserve-Ratio Cuts in Rest of 2012
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