The People's Bank of China (PBC) announced on Wednesday, September 17, 2025, a 7-day 418.5-billion-yuan reverse repo at an interest rate of 1.40 per cent. Reverse repo is a tool used by central banks to manage liquidity. The PBC purchases securities from commercial banks through a bidding process, with an agreement to resell them back in the future. Attribution: Amwal Al Ghad English