News Headline Summary

People's Bank of China uses reverse repos as its top monetary tool, according to the China's Financial News

Update details:

- The comment is not that surprising as the central bank has been utilizing reverse repos for some time but it may carry more significance given the fact that it comes from the Financial News in China which is a PBOC backed newspaper.

Print 00:04, 12 Nov 2012 - Asian News - Source: Financial News