Trial now

Japan Jun Exports +48.6% Y/Y; 4th Monthly Rise


China Repo Rates Diverge on Wednesday


China May Further Cut Financing Costs in H2: Daily

Sign up now for free access to this content.

Please enter your details below and select your areas of interest.

The People's Bank of China (PBOC) injected CNY30 billion via 7-day reverse repos with the rate unchanged at 2.2% on Friday. The operation resulted in a net injection of CNY20 billion given the maturity of CNY10 billion reverse repos today, according to Wind Information.

  • The operation aims to keep liquidity stable at half-year end, the PBOC said on its website.
  • The 7-day weighted average interbank repo rate for depository institutions (DR007) decreased to 2.2008% at 09:29 am local time from the close of 2.2559% on Thursday.
  • The CFETS-NEX money-market sentiment index closed at 40 on Thursday vs 36 on Wednesday.