Central bank conducts reverse repos

The People's Bank of China on Friday conducted 7 billion yuan ($1.02 billion) of seven-day reverse repos at an interest rate of 2 percent. The move is aimed at keeping liquidity reasonable and ample ...

China rolls over $2 billion loan to Pakistan

In a major development to secure a staff-level agreement with the International Monetary Fund (IMF), China has rolled over $2 billion, sources within the finance ministry said. For the revival of the ...

China rolls over $2b in SAFE deposits

China has granted Pakistan a rollover of $2 billion in State ... The rollover is not a loan but a financial deposit to be kept at Pakistan's central bank. Finance ministry officials hoped that ...