PBoC injects CNY 75bln via 7-day reverse repos with the rate at 1.40% for a net drain of CNY 203bln
The PBoC's injection of CNY 75 billion via 7-day reverse repos, coupled with a net drain of CNY 203 billion, signals a tightening stance, suggesting they are working to manage liquidity in the system.
Boeing (BA) prepares maiden 777X production jet for test flights, according to company filings
Singapore's GIC and Temasek revamp how they deal with hedge funds
PBoC injects CNY 75bln via 7-day reverse repos with the rate at 1.40% for a net drain of CNY 203bln
PRE-MARKET CHINESE STOCKS NEWS: Chinese RatingDog Services and Composite PMI data is scheduled today
PBoC sets USD/CNY mid-point at 6.9533 vs exp. 6.9385 (Prev. 6.9608)
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.
The effective rate at 1.40% may influence market expectations for future monetary policy actions, particularly given the substantial net withdrawal. Traders should consider how this could affect CNY stability and broader market sentiment in Asia.
Related headlines
- Newsquawk Daily US Opening News - 11th September 20262 days ago
- Newsquawk Daily European Equity Opening News - 11th September 20262 days ago
- Newsquawk Daily European Opening News - 11th September 20262 days ago
- [MARKET ANALYSIS] Asia-Pac stocks followed suit to the downbeat global risk appetite after oil prices surged and yields climbed amid the geopolitical escalation in the Middle East2 days ago
- PBoC injects CNY 4bln via 7-day reverse repos with rate kept at 1.40%2 days ago
- PBoC sets USD/CNY mid-point at 6.7743 vs Exp. 6.7174 (prev. 6.7766)2 days ago
- PBoC is expected to set USD/CNY mid-point at 6.7174 (prev. 6.7766)2 days ago
- PRE-MARKET CHINESE STOCKS NEWS: DeepSeek released its V4.1-Flash and said it outperforms its flagship V4-Pro2 days ago
- Newsquawk Daily Asia-Pac Opening News - 11th September 20262 days ago
- Newsquawk Weekly Economic Calendar - 13th-18th September 20261 day ago
- TREASURY WRAP: T-NOTE FUTURES (Z6) SETTLE 8 TICKS LOWER AT 106-03+1 day ago
- US EQUITY OPEN: US indices reverse initial CPI losses1 day ago
- Newsquawk European Market Wrap - 11th September 20261 day ago
- Indian Foreign Exchange Reserves (Sep/04) 785.71B (Prev. 740.80B)1 day ago
- RBI Governor says some liquidity will be withdrawn through FX intervention and banks’ reserve requirements, with the central bank aiming to maintain appropriate liquidity levels2 days ago
- [MARKET ANALYSIS] USD eyes US CPI, whilst EUR digests ECB source reports which suggest the hike debate could be as early as October2 days ago
- BoJ is set to raise interest rates next week, most likely by 25bps, and may signal readiness to speed up rate hikes, but has no preset view on terminal rate, or timing of further rate increases, according to sources2 days ago
- [MARKET ANALYSIS] DXY takes a breather after recent advances, while the attention turns to US CPI2 days ago
- Week in Focus 14-18th September 2026: Highlights include FOMC, BoJ, BoE, Inflation from UK, Canada and Japan1 day ago
- Newsquawk US Market Wrap: Markets chop, and yields flatten after hot core CPI boosts Fed rate hike bets1 day ago
The whole workspace, free to try.
Try it free