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People's Bank of China set MLF rate at 2.5% (prior 2.5%)

People's Bank of China set MLF rate at 2.5% (prior 2.5%)

  • Injects 100bn yuan via a 1 year MLF, net drain of 70bn yuan
Eamonn Sheridan
Eamonn Sheridan
Monday, 15/04/2024 | 01:21 GMT-0
15/04/2024 | 01:21 GMT-0
Central Banks

PBOC sets USD/ CNY reference rate for today at 7.0979 (vs. estimate at 7.2478)

PBOC sets USD/ CNY reference rate for today at 7.0979 (vs. estimate at 7.2478)

  • PBOC CNY reference rate setting for the trading session ahead.
Eamonn Sheridan
Eamonn Sheridan
Monday, 15/04/2024 | 01:15 GMT-0
15/04/2024 | 01:15 GMT-0
Central Banks

PBOC is expected to set the USD/CNY reference rate at 7.2478 – Reuters estimate

PBOC is expected to set the USD/CNY reference rate at 7.2478 – Reuters estimate

  • PBOC CNY reference rate setting for the trading session ahead.
Eamonn Sheridan
Eamonn Sheridan
Monday, 15/04/2024 | 00:27 GMT-0
15/04/2024 | 00:27 GMT-0
Central Banks

ICYMI: New bank lending in China rose less than expected in March

ICYMI: New bank lending in China rose less than expected in March

  • Current pressure on the renminbi makes substantial rate cuts less likely
Eamonn Sheridan
Eamonn Sheridan
Sunday, 14/04/2024 | 23:36 GMT-0
14/04/2024 | 23:36 GMT-0
Central Banks

MLF day in China - No rate cut expected from the People's Bank of China

MLF day in China - No rate cut expected from the People's Bank of China

  • Medium-term Lending Facility (MLF) is set in China today, around 0115 GMT (2115 US Eastern time Sunday)
Eamonn Sheridan
Eamonn Sheridan
Sunday, 14/04/2024 | 20:39 GMT-0
14/04/2024 | 20:39 GMT-0
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