The People’s Bank of China (PBOC) set the USD/CNY central rate for the trading session ahead on Tuesday at 7.1716 as compared to the previous day's fix of 7.1707 and 7.3067 Reuters estimates.
The move is expected to boost sectors such as real estate, which depends heavily on loans for its consumers to make a ...
SDF is a tool to absorb liquidity from commercial banks without giving government securities in return. It replaced the ...