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  Local
Armed Forces Target Aircraft Carrier "Truman" for the Fourth Time Within 72 Hours
[19 March 2025]
Event in Al-Safiah Commemorating Battle of Badr & Martyrdom of Imam Ali (Peace Be Upon Him)
[19 March 2025]
Important statement to armed forces at 03:30 a.m.
[19 March 2025]
Endowments of Hodeida launches Martyr Leader Ramadan Quranic Competition
[19 March 2025]
American Aggression targets Al-Ahly Club Building & areas East of Hodeida City
[19 March 2025]
 
  International
60,000 worshippers perform Isha, Tarawih prayers at al-Aqsa Mosque
[19 March 2025]
Lazzarini, after war resumption of genocide: Horrific scenes of civilians killed in Gaza
[19 March 2025]
Guterres expresses shock at Israeli airstrikes on Gaza, killing dozens of Palestinians
[18 March 2025]
Hamas source: One Israeli prisoner killed, two wounded among shelling victims
[18 March 2025]
UN High Commissioner for Human Rights condemns resumption of Israeli bombing of Gaza Strip
[18 March 2025]
 
  Reports
Targeting Factories: Blatant conspiracy to undermine Yemen's capabilities, thwart economic recovery efforts: Report
[19 March 2025]
US Aggression on Yemen..., Resounding Fall of Aggression's Mercenaries
[18 March 2025]
Ramadan Drama: Normalizing Immorality, Westernizing Identity, and Destroying Values
[18 March 2025]
Due to Enemy's Intransigence & Determination to Strangle Gaza, Yemen Resumes Navigation Ban on Israeli Ships
[18 March 2025]
America & Terrorism in the Middle East... Yemen Model of Resistance to Hegemony and Chaos
[18 March 2025]
 
  US-Saudi Aggression
US-Saudi-Emirati crimes on this day in history
[18 March 2025]
US-Saudi-Emirati crimes on this day in history
[17 March 2025]
US-Saudi-Emirati crimes on this day in history
[16 March 2025]
US-Saudi-Emirati crimes on this day in history
[15 March 2025]
US-Saudi-Emirati crimes on this day in history
[13 March 2025]
  International
Chinese PBOC infuses 67 billion dollars in banking system
Chinese PBOC infuses 67 billion dollars in banking system
Chinese PBOC infuses 67 billion dollars in banking system
[Mon, 17 Mar 2025 17:48:49 +0300]

Beijing - Saba:

The People's Bank of China (PBOC) on Monday said it had injected 481 billion yuan (about $67.1 billion) through its seven-day reverse repo mechanism at an interest rate of 1.5%.

The PBOC stated that these steps aim to maintain adequate and ample liquidity in the banking system.

Reverse repos, also known as reverse repos, are operations in which the central bank buys securities from commercial banks through bidding, with an agreement to sell them back to them in the future.

In the foreign exchange market, the Chinese yuan rose against the dollar. The PBOC's reference rate reached 7.1688 yuan per dollar, down 50 pips from its closing price of 7.1738 yuan on Friday.

Chinese regulations allow the yuan to rise or fall by two percent relative to the central bank's reference rate on each trading day in the spot foreign exchange market.

It is worth noting that the reference rate for the yuan against the dollar is determined based on the buying prices offered by major financial institutions before the start of daily interbank trading.



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UPDATED ON :Wed, 19 Mar 2025 03:35:19 +0300