South Korea's Central Bank Conducts 28 Trillion Won in Repo Purchases on July 28

According to Yonhapinfomax, South Korea's central bank conducted 28 trillion won in repo purchases and received 9.2 trillion won in tax revenues on July 28, adding liquidity to the money market. The operations included 700 billion won in fiscal disbursements and 500 billion won in maturing stabilization deposits. On the previous trading day (July 27), the central bank's excess reserve ratio reached 10.4 trillion won, indicating ample liquidity conditions. One-day call rates closed at 2.713% with trading volume of 21.7 trillion won.
Disclaimer: The information on this page may come from third-party sources and is for reference only. It does not represent the views or opinions of Gate and does not constitute any financial, investment, or legal advice. Virtual asset trading involves high risk. Please do not rely solely on the information on this page when making decisions. For details, see the Disclaimer.
Comment
0/400
No comments