Monday, April 03, 2017

This Is Odd, Can It Really Be This Good?

China's central bank skips open market operations

BEIJING - China's central bank on Saturday skipped the open market operations of reverse repos. This was the seventh consecutive business day that the People's Bank of China (PBOC) has halted the open market operations of reverse repos, a process where it purchases securities from banks with an agreement to sell them back in the future.…