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Sunday, Sep 20, 2026
1 PBOC Injects 165 Billion Yuan and Sets Strongest Yuan Fix Since 2023↩︎ 📈 Global Markets Sep 20, 9:15 PM EDT 12/3
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PBOC Injects 165 Billion Yuan and Sets Strongest Yuan Fix Since 2023↩︎
📈 Global Markets Sep 20, 9:15 PM EDT 12/3
The People's Bank of China provided 165 billion yuan in liquidity through 7 day reverse repos at a rate of 1.40%. This injection accompanied a daily mid point fix of 6.7487 per US dollar, marking the strongest level for the currency since February 3, 2023.
The central bank announced a sale of 60 billion yuan in 182 day bills in Hong Kong scheduled for Sept. 23. The 1.40% rate for the current reverse repo operation remained unchanged from the previous period.
Continues from Saturday, Sep 19
China Holds Benchmark Lending Rates at 3.00% and 3.50% for 16th Month 6 tweets • 3 sources