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China Daily | Updated: 2023-12-20 00:00
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PBOC adds liquidity via reverse repos

China's central bank conducted 119 billion yuan ($16.76 billion) of seven-day reverse repos at an interest rate of 1.8 percent on Tuesday. It also conducted 182 billion yuan of 14-day reverse repos at an interest rate of 1.95 percent. The move aims to keep liquidity reasonable and ample at the end of the year, the People's Bank of China said in a statement.

Jiangsu's foreign trade at 15-month high

Jiangsu province's total imports and exports of goods grew 7.4 percent year-on-year to 482.53 billion yuan ($68.03 billion) in November, hitting a 15-month high, local Customs authorities said. In November, the province's exports climbed 8.2 percent year-on-year to 310.36 billion yuan, while its imports stood at 172.17 billion yuan, up 6 percent, according to Nanjing Customs.

Xinhua - China Daily

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