EM ASIA CREDIT: Greentown China (GRNCH, B1/NR/NR) outlook to Stable.

Apr-11 01:25

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"*MOODY'S RATINGS REVISES OUTLOOK ON GREENTOWN TO STABLE" - BBG * In summary, the rating agency upg...

Historical bullets

MNI: CHINA PBOC CONDUCTS CNY175.4 BLN VIA 7-DAY REVERSE REPO WEDS

Mar-12 01:22
  • CHINA PBOC CONDUCTS CNY175.4 BLN VIA 7-DAY REVERSE REPO WEDS

CNH: USD/CNY Fixing Dips But Remains Within Recent Ranges

Mar-12 01:18

The USD/CNY fix printed at 7.1696, versus a Bloomberg market consensus of 7.2269.

  • The USD/CNY fixing error narrowed to -573pips, versus -898pips yesterday.
  • The actual fixing remained within recent ranges. back on March 6th we had a 7.1692 outcome. At face value today's result is unlikely to encourage fresh yuan gains, at least based off this metric.
  • USD/CNH is a touch firmer so far today, the pair back above 7.2300, off a little under 0.1% in CNH terms. Recent lows in the pair rest 7.2252. 

CHINA SETS YUAN CENTRAL PARITY AT 7.1696 WEDS VS 7.1741

Mar-12 01:15
  • CHINA SETS YUAN CENTRAL PARITY AT 7.1696 WEDS VS 7.1741