China’s PBOC to Conduct Overnight Reverse Repos, Inject a Total of 2.1 Trillion Yuan

China's PBOC to conduct overnight reverse repos, inject a total of 2.1 trillion yuan

China to conduct 500b-yuan MLF operation to sustain banking liquidity

China completes first digital yuan payment to Singapore

ICBC has completed China’s first digital yuan cross-border payment with Singapore through the newly upgraded Digital Currency Express platform, settling nearly 10 million yuan in import shipping fees with same-day fund delivery. According to Mobile Payment Network, the transaction was…

China to conduct 500-bln-yuan MLF operation to sustain banking liquidity

China to conduct 500-bln-yuan MLF operation to sustain banking liquidity

China's central bank to conduct 500-bln-yuan MLF operation to sustain banking liquidity

China's central bank, the People's Bank of China (PBOC), on Thursday announced that it will carry out a 500-billion-yuan (about $73.6 billion) one-year medium-term lending facility (MLF) operation on Friday, aiming to maintain ample liquidity in the country's banking system.