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News 1. Bank of England Holds Reverse Repo Rate Steady at 0.1 Percent 2. ECB Lowers Reverse Repo Rate to -0.5 Percent 3. Fed Unveils New Reverse Repo Facility Articles 1. What is a Reverse Repo Rate? 2. Reverse Repos: Understanding the Mechanics 3. Explaining Reverse Repo Operations Videos 1. What is a Reverse Repo Rate? 2. An Overview of the Reverse Repo Market 3. How Does a Reverse Repo Work?
Market Talk – January 18, 2023 | Armstrong Economics
ASIA: China's central bank continued to inject funds into the financial system through open market operations on Wednesday. The People's Bank of China said on its website that it has conducted 133 billion yuan ($19.67 billion) of seven-day reverse repos at an interest rate of 2 percent, and 447 billion yuan of 14-day reverse
Baystreet.ca - Oil Prices Set For Another Weekly Gain As Chinese Demand Rebounds
Crude oil prices are about to end this week with another gain, driven by optimism about demand rebound in China. It was that same optimism that yesterday pushed prices to the highest close since the start of December, Reuters reported. Brent crude ...
Indonesia Monetary Policy January 2023
At its monetary policy meeting on 18–19 January, Bank Indonesia (BI) raised the seven-day reverse repo rate by 25 basis points from 5.50% to 5.75%, marking a continuation of its tightening cycle and bringing the total increase in rates to 225 basis point since August. The size of the hike was expected by market analysts. The Bank also hiked the deposit facility rate and
Gunman Kills 10 Near Lunar New Year Festival In California, Police Search For Shooter - Benzinga
At least 10 people were killed and ten injured when a gunman opened fire amid Lunar New Year celebrations in Southern California’s Monterey Park. Reuters reports that there was no immediate information about the motive for the shooting or a description of the suspect, or the kind of gun used.