The Traderszone Network

Published in TZ Latest News 16 May, 2016 by The TZ Newswire Staff

People’s Bank of China sets yuan reference rate at 6.5200 (vs. yesterday at 6.5343)

PBOC injects 50bn yuan via 7-day reverse repos

News from late in the China day from Mike yesterday:
PBOC adds 290bln yuan in MLF operation but rates unchanged
There’s more liquidity sloshing around in China than at an Australian football stadium.