MNI: PBOC Injects Net CNY148 Bln Via OMO Fri; Rates Unchanged

MNI: PBOC Sets Yuan Parity Higher At 7.0950 Fri; -4.70% Y/Y

CHINA PBOC INJECTS CNY150 BILLION VIA 7-DAY REVERSE REPOS FRI

CHINA SETS YUAN CENTRAL PARITY AT 7.0950 FRI VS 7.0948

MNI BRIEF: Size Of June Cut Still Undecided -BCB's Campos Neto

MNI China Daily Summary: Thursday, March 28

MNI: FRANCE MAR HICP +0.3% M/M, +2.4% Y/Y

MNI: FRANCE FEB CONSUMER SPENDING +0% M/M, -0.8% Y/Y

MNI: FRANCE FEB PPI -1.7% M/M, -5.5% Y/Y

MNI BRIEF: Poilievre Calls QE 'Scam' And Would Limit BOC Remit

MNI: Growth Drag From Net Zero Carbon Goal Can Be Offset-OECD

MNI BRIEF: Lawmakers Signal Tough Hearing For BOC's Macklem

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Battle Over Fuel Prices Continues

BRAZIL
  • In an extension of the battle over domestic fuel prices, Bolsonaro is to do everything in his power to help Petrobras understand their role in society – stopping short of formal interference. As a result, Bolsonaro said his government expects a reduction in fuel prices, or a lawsuit will follow.
  • According to O Estado de S. Paulo, Petrobras have denied local reports that the company have been in talks with the regulator Cade about a switch to their pricing policy. The company also denied that they’re violating Brazil’s economic order.
  • The Brazilian central bank have formally announced that they are to ease their capital requirements for credit risk – a move that should free up BRL 3.8bln in liquidity. The new rules would result in a change to risk weightings and smaller capital requirements for exposure deemed less risky. The BCB added that the rule switch would be inline with Basel III.
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
EM BulletHomepagemarkets-real-timeBulletEmerging Markets News
MNI London Bureau | +44 203-865-3809 | edward.hardy@marketnews.com
EM BulletHomepagemarkets-real-timeBulletEmerging Markets News

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