Beijing, China's central bank conducted 182 billion yuan (about 25.96 billion U.S. dollars) of seven-day reverse repos at an interest rate of 1.5 percent Sunday. The move aims to keep liquidity in the banking system reasonable and ample at the end of the quarter, the central bank said. A reverse repo is a process in which the central bank purchases securities from commercial banks through bidding, with an agreement to sell them back in the future, Xinhua News Agency reported. Source: Bahrain News Agency
Libya’s Path to Unity: EU Urges Consensus for National Elections
August 25, 2026
Tripoli: All parties in Libya must put aside their factional interests to achieve common national goals. The Head of the European Union Delegation to Libya, Nicola Orlando, affirmed that broad consensus on the High National Elections Commission and th…