PBOC to inject 150bn yuan via 7-day reverse repos

FXStreet (Bali) - PBOC has announced that it will inject 150bn yuan via 7-day reverse repos, a decision that should underpin the existing improved sentiment currently seen in Asian markets as more liquidity is available.

PBOC sets yuan reference rate at 6.3987

People's Bank of China (PBOC) sets the USD/CNY reference rate for today at 6.3987 vs yesterday's fix was at 6.3862.
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Shanghai Comp to open down 6.4%

Shanghai Comp is set to open down 6.4%, an early indication that has eased substantially the existing improved sentiment, while Hang Seng is set to open down 0.6%.
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