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.
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)
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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.
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