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2026-07-15 15:26:12
[China's Central Bank: Studying Gradually Increasing the Frequency of Overnight Reverse Repo Operations] Zou Lan, spokesperson and vice governor of the People's Bank of China (PBOC), stated at a press conference held by the State Council Information Office on the 15th that the PBOC will continue to steadily and orderly promote the reform and improvement of the monetary policy operation framework to better guide overnight interest rates to operate smoothly around the policy rate. In conjunction with the needs of primary dealers, the PBOC will study gradually increasing the frequency of overnight reverse repo operations and will maintain good communication with the market. (Xinhua)
