China’s central bank is expected to price its inaugural overnight reverse repo operation slightly below the seven-day rate when it debuts the tool on Monday, a Bloomberg survey shows.
The People's Bank of China (PBOC) headquarters in Beijing, China, on Wednesday, June 18, 2025. PBOC Governor Pan Gongsheng laid out in the clearest terms yet his vision for the future of a new global currency order after decades of dollar dominance, predicting a more competitive system will take root in the years to come.
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