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
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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
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