China's central bank adds liquidity via reverse repos

BEIJING, Jan. 25 (Xinhua) -- China's central bank conducted 466 billion yuan (about 65.6 billion U.S. dollars) of seven-day reverse repos at an interest rate of 1.8 percent Thursday.

The move aims to keep liquidity in the banking system reasonable and ample, the People's Bank of China said in a statement.

As 100 billion yuan of reverse repos matured on the same day, the operation led to a net injection of