BUSINESS● LOW1h ago · Nov 2, 2026, 6:11 AM
PBoC shifts primary policy anchor to overnight rate with daily 1.25% reverse repos
Seeking Alpha Tech · east asia
China's central bank has changed its primary policy anchor to the overnight rate, utilizing daily reverse repurchase agreements at 1.25%. This represents a significant shift in monetary policy.
GlobeAlert aggregates and classifies open sources; the story above belongs to its publisher. Summaries are machine-generated from the source text.
More in Business
BUSINESSnowMunicipal Securities Underwriters Pay a Total of $325,000 in FinesSECBUSINESSnowSEC CHAIRMAN ARTHUR LEVITT, IOWA OFFICIALS TO HOLD INVESTORS’ TOWN MEETING IN DES MOINESSECBUSINESS7m agoFrom Senegal to Guinea, Eni's measured strategy in its new African conquestsJeune AfriqueBUSINESS31m agoCapital Power Corporation CUM PREF SR-5 declares CAD 0.4144 dividendSeeking Alpha Tech