PBOC sets USD/CNY at 6.5548 vs 6.5789 last close

FXStreet (Bali) - PBOC sets USD/CNY at 6.5548 vs 6.5789 last close

Jan 26, 2016

China A50 FTSE down by 0.4% ahead of Shanghai

China futures (A50 FTSE - benchmark for investors to access the China domestic market through A Shares – ) is trading down by 0.4% ahead of the Shanghai cash open, tracking the offered tone in Wall Street.

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Jan 26, 2016

PBOC conducts biggest daily open markets injection in 3 years

China Central Bank (PBOC) has conducted its biggest daily open markets injection in 3 years, Reuters reports, after injecting 80 bln yuan through 7 day reverse repos and 360 bln yuan through 28 day reverse repos. The huge injection of liquidity comes as Chinese lunar new year approaches (Feb 8th), a time in which liquidity becomes more sparse.

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