CHINA: Central Bank Injects Liquidity via OMO

Apr-18 01:24

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* The PBOC issued CNY2450.5 bn of 7-day reverse repo at 1.5% during this morning's operation. * To...

Historical bullets

CNH: USD/CNY Fixing Back Sub 7.1700, But Holds Recent Ranges

Mar-19 01:24

The USD/CNY fixing printed at 7.1697, versus a Bloomberg consensus of 7.2223. 

  • The fixing moved back sub 7.1700, but remains within recent ranges (we had a 7.1692 fixing on March 6th). the fixing error was -526pips, slightly narrower than yesterday's outcome. We were beyond -1100pips on this metric in early March. It has taken the bulk of the USD down move since then.
  • USD/CNH is little changed post the fixing, slightly weaker in CNH terms, last above 7.2300. Broader USD sentiment has ticked higher, led by modest losses since the open. 

MNI: CHINA PBOC CONDUCTS CNY295.9 BLN VIA 7-DAY REVERSE REPO WEDS

Mar-19 01:23
  • CHINA PBOC CONDUCTS CNY295.9 BLN VIA 7-DAY REVERSE REPO WEDS

CHINA SETS YUAN CENTRAL PARITY AT 7.1697 WEDS VS 7.1733

Mar-19 01:15
  • CHINA SETS YUAN CENTRAL PARITY AT 7.1697 WEDS VS 7.1733