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  Local
Yemeni Scholars Association calls for Uma mobilization following Israeli assault
[18 March 2025]
Sana'a Parliament warns of US-Zionist escalation in Yemen, Gaza
[18 March 2025]
Shura Council condemns Israeli offensive on Gaza
[18 March 2025]
Supreme Council condemns Israeli offensive on Gaza, says Palestinians to not let alone
[18 March 2025]
Sana'a Gov't condemns Israeli offensive on Gaza, calls for Uma moves
[18 March 2025]
 
  International
Hashad condemns Israeli genocidal war on Gaza
[18 March 2025]
Israeli media: USA pre-informed about airstrikes on Gaza
[18 March 2025]
Hamas holds Israel responsible for resuming aggression on Gaza
[18 March 2025]
Hundreds of civilians killed, injured in Israeli renewed aggression on Gaza
[18 March 2025]
17 resistance acts in West Bank & Al-Quds in 24 hours
[18 March 2025]
 
  Reports
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]
Activating multipurpose cooperatives is essential step toward local development
[17 March 2025]
Greater Quds" is Israeli enemy's project: More space for annexation & fewer Palestinians
[17 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 :Tue, 18 Mar 2025 17:57:33 +0300