China reverse repo rate


China reverse repo rate: 1.7 (-5.56%)
Last Update: May 31, 2024

China reverse repo rate closed down 1.7 as of May 31, 2024 from 1.8 from the previous month and 1.9 from last year.


China reverse repo rate Analytics & Data




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China reverse repo rate

DateValues
2024-05-31 1.7
2024-04-30 1.8
2024-03-31 1.8
2024-02-29 1.8
2024-01-31 1.8
2023-12-31 1.8
2023-11-30 1.8
2023-10-31 1.8
2023-09-30 1.8
2023-08-31 1.8
2023-07-31 1.9
2023-06-30 1.9
2023-06-13 1.9
2023-05-31 2
2023-04-30 2
2023-03-31 2
2023-02-28 2
2023-01-31 2
2022-12-31 2
2022-11-30 2
2022-10-31 2
2022-09-30 2
2022-08-31 2
2022-08-15 2

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China reverse repo rate Statistics


IndicatorSymbolActualPreviousM/M%Y/Y%TrendSlopePercentileUpdate
reverse repo ratecn.reverserepo1.71.8-6-11DownDown182024-05-31

China reverse repo rate Factors

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China reverse repo rate Historical Data

The MacroVar database offers free access to historical data for the China reverse repo rate, dating back to 1950. This extensive dataset is readily available through MacroVar versatile platforms, including a user-friendly web interface, a robust Python API, and convenient Excel integration. By leveraging these tools, users can efficiently retrieve and analyze decades of China reverse repo rate data, supporting a wide range of research, financial analysis, and decision-making processes.

What is the China reverse repo rate

The reverse repo rate in China refers to the interest rate at which the People's Bank of China borrows money from commercial banks. This rate is an important tool used by the central bank to control liquidity in the financial system. A higher reverse repo rate means that it is more expensive for commercial banks to lend money to the central bank, which can help to reduce liquidity and curb inflation. On the other hand, a lower reverse repo rate makes it cheaper for banks to borrow money, which can stimulate economic activity by increasing the availability of credit. The reverse repo rate in China is closely watched by market participants as it can have a significant impact on the overall economy.