Free Trial

The People's Bank of China is guiding...>

CHINA PRESS
CHINA PRESS: The People's Bank of China is guiding money market rates towards
normal this week by injecting less money through open-market operations,
according to Zhang Xu, a fixed-income analyst with Everbright Securities.
Zhang's comments were reported in the Securities Times, which calculated that
CNY2.5 trillion of CNY2.8 trillion in repos conducted by the PBOC since 3rd
February has matured. The report also cited Yan Se, chief economist with Founder
Securities, who said monetary policy has shifted focus from short-term stability
to restoring the economy in the medium term. 

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.