BUSINESS China's interbank money market turnover rises in September

BUSINESS

China's interbank money market turnover rises in September

Xinhua

15:19, October 25, 2020

A woman passes by the People's Bank of China in Beijing. [Photo by Zhu Xingxin/China Daily]

BEIJING - China's interbank money market recorded 104.6 trillion yuan (about $15.68 trillion) worth of transactions in September, up 35.4 percent year-on-year, data from the People's Bank of China showed.

The pledged repo turnover rose 38.2 percent year-on-year to 90.9 trillion yuan, while the outright repo turnover was 600 billion yuan, down 12.2 percent from the same period last year, the central bank said in a report.

Last month, interbank lending transactions expanded 21.7 percent year-on-year to 13.1 trillion yuan.

Related Stories

Terms of Service & Privacy Policy

We have updated our privacy policy to comply with the latest laws and regulations. The updated policy explains the mechanism of how we collect and treat your personal data. You can learn more about the rights you have by reading our terms of service. Please read them carefully. By clicking AGREE, you indicate that you have read and agreed to our privacy policies

Agree and continue