The People's Bank of China (PBoC) injected CNY 5 billion into the market through seven-day reverse repo at an interest rate of 2.2 percent on January 11th, 2020. The central bank said the move intended to maintain reasonable and sufficient liquidity of the banking system. source: People's Bank of China
Reverse Repo Rate in China averaged 2.83 percent from 2012 until 2021, reaching an all time high of 4.40 percent in July of 2013 and a record low of 2.20 percent in March of 2020. This page provides - China Reverse Repo Rate- actual values, historical data, forecast, chart, statistics, economic calendar and news. China 7-Day Reverse Repo Rate - values, historical data and charts - was last updated on January of 2021.
Reverse Repo Rate in China is expected to be 2.00 percent by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate Reverse Repo Rate in China to stand at 2.00 in 12 months time. In the long-term, the China 7-Day Reverse Repo Rate is projected to trend around 2.00 percent in 2022, according to our econometric models.