The PBOC allows the yuan to fluctuate within a +/- 2% range, around this reference rate.
PBOC injects 269bn yuan via 7-day reverse repos at 1.4% in open market operations today.
-
Earlier, PBOC trimming some support for the yuan:
The PBOC allows the yuan to fluctuate within a +/- 2% range, around this reference rate.
PBOC injects 269bn yuan via 7-day reverse repos at 1.4% in open market operations today.
-
Earlier, PBOC trimming some support for the yuan:
Most Popular
Block, Netflix, Applied Opto jump on AI buzz; Dow futures dip amid revived AI fears. Valuation watch!
State Farm returns $5B to auto policyholders amid rising home insurance costs. Auto rates down 10%.
Generate Biomedicines IPO's $2B valuation faces scrutiny with $223M net loss. Biotech IPOs are up 41% avg.
Live cattle futures drop $3-$3.50; feeder cattle down $4.65-$5.40. Beef exports hit 6-week low.
Japan capital CPI slips under BOJ target in policy test
Wheat futures mixed; SRW up 4-6 cents, HRW down 1-2 cents. Saudi tender looms.
Indian solar stocks tank 126% on US tariffs; firms pivot to Europe & build US capacity.
Must Read