Macro Finance
PBOC Conducts Overnight Reverse Repo as Policy Anchor Shifts
Bloomberg Markets·November 2, 2026·1 min read
China's central bank launched daily overnight reverse repurchase operations on Monday, starting a revamped liquidity framework that makes the short-term tool its primary policy anchor. The move shifts the PBOC's approach to managing liquidity, signaling a more flexible and market-oriented monetary policy stance.
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