"AUSTRALIA AUG EMPLOYMENT +39.5K S/ADJ (REUTERS POLL: +20.0K) 24 Sep 2026 02:30:01 - AUSTRALIA AUG U...
Find more articles and bullets on these widgets:
The PBOC announced that it plans to Conduct 500b Yuan of 1-Year MLF on Aug. 25. The PBOC says the move aims at keeping the banking system liquidity ample, according to a statement. The PBOC will also conduct overnight reverse repo operations from Aug. 27-Sept. 1, capping daily volumes at 600 billion yuan, according to a central bank statement.
Repo rates have started to edge up this week, prior to the various liquidity injections.

The USD/CNY fixing edged a little higher to 6.7852, against Monday's 6.7841 outcome. The USD/CNY fixing has now risen in the past three sessions. Today's market estimate was 6.7239 (per BBG) (little changed from Monday's estimate), leaving the fixing error at +613pips, slightly wider than Monday's outcome. Today's fixing error was the widest since end Feb this year. USD/CNH spot is little changed so far today, last near 6.7215. Earlier lows (6.7188) were supported.