BEIJING -- The People's Bank of China, the country's central bank, announced on Friday that it will conduct a 600-billion-yuan (about $88 billion) outright reverse repo operation on Monday to maintain ample liquidity in the banking system.

BEIJING -- The People's Bank of China, the country's central bank, announced on Friday that it will conduct a 600-billion-yuan (about $88 billion) outright reverse repo operation…

China will establish a new liquidity facility for overseas central banks and official institutions, People's Bank of China Governor Pan Gongsheng said, in what analysts described…

The People's Bank of China injected roughly 420 billion yuan via 7-day reverse repos at 1.40%, up from 393 billion yuan the prior day.