Copper prices opened higher after a slow recovery in the week ending January 26. The US dollar briefly exceeded 103 as expectations of a recent interest rate cut by the Federal Reserve weakened, weighing on copper prices. Chinese A-shares hit record lows in the first half of the week, which depressed domestic macroeconomic sentiment. The People’s Bank of China (PBOC) unexpectedly announced a reserve requirement ratio cut in advance to restore market confidence.

The People’s Bank of China (PBOC) today conducted a 301 billion yuan 7-day reverse repurchase operation, and the winning bid rate was 1.8%, flat as before.

The People’s Bank of China (PBOC) conducted a 34 billion yuan 7-day reverse repurchase operation today, and the winning bid rate was 1.80%, flat as before.

The People’s Bank of China (PBOC) conducted a seven-day reverse repurchase of 2 billion yuan and lowered the rate by 10 basis points to 1.9% on June 13, the first reduction in the rate since August 2022.

The People’s Bank of China (PBOC) conducted a 2 billion yuan 7-day reverse repurchase operation today.

The People’s Bank of China (PBOC) conducted a 2 billion yuan 7-day reverse repurchase operation today, and the winning bid rate was 2.00%.

According to the People’s Bank of China (PBOC), the balance of structural monetary policy tools as of the end of March 2023 was 6.82 trillion yuan, an increase of about 400 billion yuan compared with the end of last year. Technological innovation refinancing and carbon emission reduction support tools contributed most of the increment.

The People’s Bank of China (PBOC) conducted a 95 billion yuan 7-day reverse repurchase operation today, and the winning bid rate was 2.00%.

SHANGHAI, Apr 25 (SMM) – The macro environment in China remains positive. The Monetary Policy Committee of the People’s Bank of China (PBOC) held the first quarterly meeting of 2023 in Beijing.

The People’s Bank of China (PBOC) held a press conference on financial statistics in the first quarter of 2023 on April 20.