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PBOC injects CNY100 billion via one-year MLF at 2.95%

The People’s Bank of China (PBOC) injected CNY100 billion via one-year medium-term lending (MLF) facility on Monday.

The Chinese central bank kept the rate for the one-year MLF operation unchanged for the tenth straight month at 2.95%.

PBOC sets Yuan reference rate at 6.5010

On Monday, the People’s Bank of China (PBOC) set the Yuan reference rate at 6.5010 vs. . Friday’s 6.4845.
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USD/CAD Price Analysis: Drops to fresh low since February 2018

USD/CAD drops to the fresh 37-month low while taking offers near 1.2455 during early Monday. In doing so, the quote justifies the latest week’s downsw
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