China's central bank conducts 10 bln yuan of reverse repos
BEIJING, May 27 (Xinhua) -- China central bank Thursday conducted 10 billion yuan (about 1.56 billion U.S. dollars) of reverse repos to maintain reasonably ampl
Source: shanghaisun.com
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Why Has There Been Two Days Of $100+ Billion In Reverse Repo Operations? – Investment Watch
So large banks and institutions can exchange with the Fed money to help control the money supply. Gotcha. Honestly, I came across something online citing and wanted to see what others thought. Steven Van Metre, Bond King from his videos, comments as it being too much cash in circulation, though also in the same video cites a tweet about the IMO saying there is a global shortage of the US dollar? And I understand that with the SLR exemption expiring, banks need to lower their capital, however I don’t think (I don’t think alot actually regardless) that lending the Fed billions overnig...
Source: investmentwatchblog.com