LINE

Text:AAAPrint
Economy

China's open market operation rates slightly up

1
2017-12-14 11:07Xinhua Editor: Gu Liping ECNS App Download

The interest rates for China's open market operations rose by 0.05 percent on Thursday, following the interest rate hike of the U.S. Federal Reserve on Wednesday.

The rate for seven-day reverse repos rose from 2.45 percent to 2.5 percent, while that for 28-day reverse repos rose from 2.75 percent to 2.8 percent, the People's Bank of China (PBOC) said on its website.

The rate for medium-term lending facility rose from 3.2 percent to 3.25 percent.

"The rises reflected market supply and demand, and represented the market's normal response to the Federal Reserve's rate hike," the PBOC said.

  

Related news

MorePhoto

Most popular in 24h

MoreTop news

MoreVideo

News
Politics
Business
Society
Culture
Military
Sci-tech
Entertainment
Sports
Odd
Features
Biz
Economy
Travel
Travel News
Travel Types
Events
Food
Hotel
Bar & Club
Architecture
Gallery
Photo
CNS Photo
Video
Video
Learning Chinese
Learn About China
Social Chinese
Business Chinese
Buzz Words
Bilingual
Resources
ECNS Wire
Special Coverage
Infographics
Voices
LINE
Back to top Links | About Us | Jobs | Contact Us | Privacy Policy
Copyright ©1999-2018 Chinanews.com. All rights reserved.
Reproduction in whole or in part without permission is prohibited.