China Reverse Repo RateChina Reverse Repo RateChina Reverse Repo Rate

China Reverse Repo Rate

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Key data points


Last release
Observation period
Oct 2024
Next release
Forecast
Highest
4.40% on Jul 31, 2013
Lowest
1.50% on Oct 31, 2024

About China Reverse Repo Rate


Category
Money
Frequency
Monthly
Units
%
The seven-day reverse repo is a type of short-term loan the central bank uses to increase liquidity and influence other rates in the banking system. A reverse repo in China is a process in which the central bank purchases securities from commercial banks through bidding, with an agreement to sell them back in the future.