People's Bank of China injects 1T yuan through reverse repos

China's central bank: The People's Bank of China functions as the central bank of the People's Republic of China, overseeing monetary policy, currency issuance, and financial system stability. It employs tools such as reverse repurchase agreements to manage short-term liquidity in the banking sector. The institution directly carried out the reported liquidity injection via overnight reverse repos as part of its routine market operations. Monetary Policy Tool: Reverse repos allow central banks to inject liquidity by purchasing securities with an agreement to sell them back the next day.