PBoC injects CNY 9.9bln via 7-day reverse repos with the rate at 1.40% for a CNY 9.9bln net injection

The PBoC's injection of CNY 9.9 billion via 7-day reverse repos at a rate of 1.40% indicates a modest effort to boost liquidity in the financial system.

Newsquawk StaffPublished On the live feed at 3 more headlines followed before this page went public
Newsquawk headlinesUTC

US President Trump's administration draws up new legal justification for Maduro operation with DoJ's opinion expected to say that it was lawful because it was part of a law enforcement action, according to WSJ

US VP Vance says seized oil tanker was a fake Russian tanker, while he stated the US had a legitimate indictment for Maduro and that President Trump will make a determination on Greenland

PBoC injects CNY 9.9bln via 7-day reverse repos with the rate at 1.40% for a CNY 9.9bln net injection

PRE-MARKET CHINESE STOCKS NEWS: PBoC announced it will conduct a CNY 1.1tln outright reverse repo operation on Thursday to maintain ample liquidity

PBoC sets USD/CNY mid-point at 7.0197 vs exp. 6.9926 (Prev. 7.0187)

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 move suggests a cautious approach to supporting economic activity while managing potential inflationary pressures. Traders should consider how this action may influence short-term interest rates and the overall sentiment in the CNY and fixed income markets.

Related headlines

The whole workspace, free to try.

Try it free