The People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Thursday at 7.1728 as ...
The People's Bank of China (PBOC) said on Thursday that they “will cut interest rates and Reserve Requirement Ratio (RRR) at a proper time.” Will strenghthen expectation guidance, maintain yuan ...
If the interest rate on a Savings Account is lower than the inflation rate, the real return on savings diminishes. For ...
Bank Indonesia kept its benchmark seven-day reverse repo rate at 5.75% on Wednesday, in a decision analysts had expected to be a close one. Five out of seven economists polled by The Wall Street ...
Dr Ashwani Mahajan After a long period (about five years) of first continuously increasing, and then high repo rate, the ...
In recent months, the central bank has shifted its policy approach, reducing reliance on the MLF as its primary tool and increasingly using the seven-day reverse repo rate to guide market ...
Letting the currency depreciate would have evened out liquidity. But currency intervention has led to return of daily ...
However, this has to be supplemented by some outright reverse repo operations. Otherwise, liquidity is likely to stay on the tight side,” said Frances Cheung, head of FX & rates strategy at ...
The 2025 GDP target mirrors last year’s. As we've previously stated, policymakers tend to attach high importance to achieving this goal; China has a strong track record of meeting it year after year.
Today (12th), the People’s Bank of China (PBOC) carried out a 7-day reverse repurchase operation worth RMB175.4 billion in ...
Definition: Reverse repo rate is the rate at which the central bank of a country (Reserve Bank of India in case of India) borrows money from commercial banks within the country. It is a monetary ...
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PBoC holds MLF rate steady for second monthThe PBoC has also started using the seven-day reverse repo rate as the main policy lever to align more closely with global standards. The central bank injected CNY 249.3 billion through the ...
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