MNI China Daily Summary: Monday, July 29

MNI: China CFETS Yuan Index Up 0.15% In Week of Jul 26

MNI: PBOC Net Injects CNY243.37 Bln via OMO Monday

MNI: PBOC Sets Yuan Parity Higher At 7.1316 Mon; -1.56% Y/Y

CHINA PBOC CONDUCTS CNY301.57 BILLION VIA 7-DAY REVERSE REPOS MON

CHINA SETS YUAN CENTRAL PARITY AT 7.1316 MON VS 7.1270

BoE Data Watch

BoJ Data Watch

Fed Data Watch

RPT-MNI: Canada Sticks To Fiscal Anchors, Spends Chunk Of Windfall

© 1982-2024 MNI. All rights reserved.
Terms | Privacy
Log Out
Free Trial

Administration Step Up Efforts To Curb Inflation

COLOMBIA
  • Colombia announced measures seeking to tackle the rapid acceleration of inflation, largely attributed to increases in food prices, the nation’s finance minister said.
  • Finance Minister Restrepo announced a package of measures after inflation accelerated in January, more than doubling its 3% target. Speaking alongside high level officials, the following steps were outlined:
    • Central bank will continue its process of normalizing monetary policy
    • Nation will cut costs of agricultural inputs
    • Government will reduce tariffs on agricultural imports
    • Government will work with producers to increase food supply
    • Transport Ministry will seek to improve logistics on main Colombian ports with lower costs
    • Government will provide additional credit lines and insurance for food producers
    • One million additional families will be included in government subsidies (BBG)
BulletEM BulletEmerging Market NewsHomepage
BulletEM BulletEmerging Market NewsHomepage

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.