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 as a proactive step toward boosting global demand for yuan assets.

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 tool expands funding channels for foreign monetary authorities as China pushes to internationalize its currency

The PBOC is setting up an offshore central bank repo facility to boost RMB liquidity for foreign institutions, with operations starting September 2025.

The PBOC launches a new FIMA RMB repo facility to provide yuan liquidity to foreign central banks, mirroring the US Federal Reserve's approach to currency

Measures touted at Lujiazui Forum aim to boost transactions and liquidity in Chinese currency