China's Central Bank to Increase Overnight Reverse Repo Operations Amid Economic Stabilization Efforts

The People's Bank of China (PBOC) announced on July 15 enhanced counter-cyclical and cross-cyclical policy measures to consolidate economic stability. The central bank stressed that monetary policy direction should not be judged by the volume of a single open market operation. The PBOC plans to gradually increase the frequency of overnight reverse repo operations, signaling an intent to maintain liquidity support as it targets sustained economic recovery.
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