PBoC injects CNY 43.5bln via 7-day reverse repos with the rate maintained at 1.40%
The People's Bank of China (PBoC) is infusing liquidity into the banking system with a 43.5 billion CNY injection via 7-day reverse repos, keeping the rate stable at 1.40%.
PREVIEW: BoJ Announcement due Tuesday 28th April 2026 from 03:30BST / 22:30EDT (Monday)
"Guided-missile destroyer USS Rafael Peralta (DDG 115) enforces the U.S. blockade of Iranian ports against M/T Stream after it attempted to sail to an Iranian port, April 26", US CENTCOM says
PBoC injects CNY 43.5bln via 7-day reverse repos with the rate maintained at 1.40%
PBoC sets USD/CNY mid-point at 6.8589 vs exp. 6.8282 (prev. 6.8579)
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This move signals the central bank's intention to support economic activity, particularly as concerns around growth persist. Traders should watch for implications on market liquidity and the potential direction of rates in relation to broader economic conditions.
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