PBoC injects CNY 20.5bln via 7-day reverse repos with the rate at 1.40%

The PBoC's injection of CNY 20.5 billion through 7-day reverse repos at a rate of 1.40% signals ongoing efforts to bolster liquidity in the market, aiming to support economic activity.

Newsquawk StaffPublished On the live feed at 1 more headline followed before this page went public
Newsquawk headlinesUTC

Kuwait's army is engaged in responding to incoming missile and drone threats

Iran media reports major attacks on Tehran and explosions heard in Kerman, southeast of the country

PBoC injects CNY 20.5bln via 7-day reverse repos with the rate at 1.40%

IDF launches a wave of strikes on infrastructure targets across Iran

PBoC sets USD/CNY mid-point at 6.8898 vs exp. 6.8773 (Prev. 6.8975)

Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.

Free. No signup, no card.
Context

This action reflects a stable monetary policy stance amidst growth concerns and may have implications for both domestic rates and the CNY's performance against other currencies in the region.

Related headlines

The whole workspace, free to try.

Try it free