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Peso Loses Some Altitude


Coronavirus Cases Drop To Two-Month Low

     BEIJING (MNI) - The People's Bank of China (PBOC) skipped open market
operations (OMOs) on Thursday, leaving liquidity unchanged. No reverse repos
mature today, according to Wind Information. 
The central bank said the level of liquidity in the banking system is
"relatively high", enough to absorb the impact from the tax season, government
bond issuance and other factors.
  - The 7-day weighted average interbank repo average rate for depository
institutions (DR007) rose to 2.6500% at 9:25 a.m. local time from the close of
2.5862% Wednesday: Wind Information;
  - The CFETS-NEX money-market sentiment index closed at 36 on Wednesday, up
from 33 on Tuesday.
--MNI Beijing Bureau; +86 (10) 8532-5998; email:
--MNI Beijing Bureau; +86-10-8532-5998; email:
[TOPICS: M$A$$$,M$Q$$$,MGQ$$$,MN$MM$]