The CNY mid rate is yet to come.
But posting on a substantial post-holiday drain of funds from the system in China todat
- PBOC inject 20bn yuan in open market operations via 7 day reverse repos
- But 280bn mature
- net 260bn drain
ADVERTISEMENT - CONTINUE READING BELOW
Search investingLive
Hefty drain of funds in China today, PBOC drains 260bn yuan net
ADVERTISEMENT - CONTINUE READING BELOW
Most Popular
- FT: Trump is pushing for 15 – 20% minimum tariff on all EU goods. EURUSD moves lower.
- ECB preview: a hawkish hold is expected but there's risk of a disappointment
- Spain Q1 preliminary GDP +0.6% vs +0.5% q/q expected
- French inflation continues to pick up in April to highest since July last year
- What are the main events for today?
- FX option expiries for 30 April 10am New York cut
- Germany March retail sales -2.0% vs -0.1% m/m expected
ADVERTISEMENT - CONTINUE READING BELOW
Best in 2026
Sponsored
ADVERTISEMENT - CONTINUE READING BELOW
ADVERTISEMENT - CONTINUE READING BELOW
Telegram Community
Gain Access
Rakuten Securities hits 14M accounts, fueling Japan's retail investor boom with commission-free trades & low entry points.
Finance Magnates
2m ago
Snowflake's 10x P/S valuation beats PLTR's 82x. SNOW's 21% customer growth & big deals signal strong future returns.
Motley Fool
5m ago
Alphabet surges 81% on AI, cloud gains. Meta, MSFT dip on spending hikes. AMZN cloud booms.
Euronews
34m ago
NFLX bets big on live sports, costing $150M for 2 games. Investors need patience for subscriber growth.
Motley Fool
38m ago
UK youth unemployment hits 16% as minimum wage hikes price young workers out of jobs.
Telegraph
41m ago
Nvidia B300 servers near $1M in China! Demand surges, black market dries up, U.S. curbs drive scarcity.
Reuters
49m ago
Crude prices jump 12%+ on Iran blockade fears; US gas hits $4.23, up 27%
CNN Business
1h ago
Telegram Community
Gain Access
Best in 2026
Sponsored
Must Read
!"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}