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MNI China Daily Summary: Monday, May 29
MNI: PBOC Net Injects CNY23 Bln Via OMOs Monday
MNI: PBOC Yuan Parity Lower At 7.0575 Monday; -4.91% Y/Y
MNI BRIEF: Govt To Present BOJ Nominees Next Week - Press
The government and coalition party will consider presenting nominees for Bank of Japan governor and two deputy governors next week, the Nikkei reported on Friday.
The chairmen of the coalition Diet Affairs Committee and the opposition party Diet Committee will likely discuss the schedule on Friday. (See MNI POLICY: New BOJ Gov Must Keep Rates Low, Ensure Recovery)
BOJ Governor Haruhiko Kuroda’s term ends on April 8 and the two deputy governors’ terms end on March 19. Deputy Governor Masayoshi Amamiya is viewed as the frontrunner to be the next governor.
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