PBOC Liquidity Update (July 23)



•Injected ¥150.5B via 7-day reverse repos at 1.40% (rate unchanged)

•Net drain of ¥369.6B via open market operations

•USDCNY reference rate set at 7.1414 (vs prior fix 7.1460, prior close 7.1695)
VIA-3.77%
NET-4.58%
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LiquidityWitchvip
· 07-24 21:58
Bearish on RMB
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LayerZeroEnjoyervip
· 07-23 02:00
The exchange rate has been moving quite steadily this time.
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LayoffMinervip
· 07-23 01:59
Central Bank Be Played for Suckers.
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RugResistantvip
· 07-23 01:50
risk pattern detected... yuan liquidity moves sus af
Reply0
LiquidationWatchervip
· 07-23 01:36
Still struggling with the Exchange Rate
View OriginalReply0
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