PBOC sets USD/ CNY reference rate for today at 7.0913 (vs. yesterday at 7.0903)

BY admin admin

People's Bank of China 
PBOC inject 
– 70bn yuan through 7-day reverse repos in open market operations (OMOs) today
– and inject 110bn yuan through 7-day reverse repos
Maturities coming due today:

Leave a Comment

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts

Forex

PBOC Deputy Governor says not too worried about the Chinese economy

<p>PBOC Deputy Governor Zhang Qingsong comment on the news wires.</p><ul><li>overall debt level of the Chinese government is in the mid to lower range by international standard

Forex

(07 April 2020)Silver spot ($) The bias remains bullish.

<p>Pivot</p> <p>&nbsp;(invalidation): 14.9300 </p> <p>Our preference</p> <p>Long positions above 14.9300 with targets at 15.5500 &amp; 15.8000 in exte

Forex

Should You Bet on the Magnificent Seven in 2024?

<p>As investors strategically shape their investment strategies for 2024, a crucial question arises: Is it a good idea to invest in the Magnificent Seven of the US tech sector this year? This el

Copyright © 2024 | WordPress Theme: Xews Lite