Central Bank: Conducts 600 billion yuan repurchase agreement operations on June 15
The People's Bank of China announced a 600 billion yuan reverse repurchase agreement operation to maintain liquidity in the banking system. This operation, set for June 15, 2026, will have a six-month term. Additionally, data from the end of May shows that total domestic and foreign currency deposits reached 352.38 trillion yuan, an 8.7% year-on-year increase. AI