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PBOC to conduct 500 bln yuan outright reverse repo operation_我的网站

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A | (ECNS) -- The People's Bank of China (PBOC) announced on Tuesday that it will conduct a 500 billion yuan (about $69.6 billion) outright reverse repo operation on Wednesday. The operation will have a tenor of three months (92 days). Data shows that 300 billion yuan of three-month outright reverse repos are set to mature in August, meaning the upcoming operation will be a net injection of 200 billion yuan, in line with market expectations. Analysts believe the continued net injection of three-month outright reverse repos in August will help maintain ample liquidity in the banking system, prevent an excessive rise in market interest rates and stabilize market expectations. Wang Qing, chief macro analyst at Golden Credit Rating International Co., Ltd., said this will support the smooth issuance of government bonds. Wang also said the likelihood of a near-term reserve requirement ratio cut is relatively small, while medium-term liquidity operations are expected to continue with increased volume to support government bond issuance and bank lending. China's macroeconomic policy will gradually step up countercyclical adjustments in the coming period, he said. (By Tang Yuxian) 。 Aditya Dhar’s spy thriller Dhurandhar is close to wrapping up its first week in theatres, and the film is still going strong. The Ranveer Singh-led action drama, which arrived last Friday, has steadily grown at the box office and has already surpassed the lifetime earnings of Aamir Khan’s Sitaare Zameen Par. On Thursday, producers Jio Studios shared that Dhurandhar has collected Rs 188.60 crore net in India. The film opened at Rs 28.60 crore and jumped over the weekend with Rs 33.10 crore and Rs 44.80 crore. The strong run continued into the weekdays too, bringing in Rs 24.60 crore, Rs 28.60 crore and Rs 29.30 crore from Monday to Wednesday. As per Sacnilk, the movie has also amassed Rs 58 crore overseas in six days, pushing its global total to Rs 274.25 crore. With this, the film has overtaken the lifetime collection of Sitaare Zameen Par and even crossed Ajay Devgn’s Raid 2. With the Rs 300 crore mark now in sight, the next big benchmark ahead is the Rs 364.35 crore worldwide total of War 2, starring Hrithik Roshan and Jr NTR. Written, directed and co-produced by Aditya Dhar, Dhurandhar brings together a stellar ensemble - Ranveer Singh, Akshaye Khanna, R Madhavan, Arjun Rampal, Sanjay Dutt, Sara Arjun and Rakesh Bedi. Inspired by real covert operations and India–Pakistan geopolitical conflicts, the film follows Ranveer’s character Hamza Ali Mazari, a spy who infiltrates a dangerous crime cartel in Lyari. The movie ends with a tease of what lies ahead, with Dhurandhar 2scheduled to hit screens on March 19, 2026.Also Read: Hrithik Roshan Lauds Ranveer Singh’s Dhurandhar but Says He Disagrees With The Politics of The Film。