Sources: Liquidity levels in China's banking system currently very high – RTRS

Reuters quoting industry sources familiar with the matter, stating that liquidity levels in China's banking system are currently very high due to high fiscal expenditure in the past few days.

 

PBOC sets the Yuan reference rate at 6.8197

People's Bank of China (PBOC) set the Yuan reference rate at 6.8197 vs. Wednesday's fix of 6.8193.   
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BOJ’s Iwata: Still need monetary easing, do not see need to raise rates now

The Bank of Japan (BOJ) Deputy Governor Kikuo Iwata is out on the wires now, making a scheduled speech on Japan’s economy and monetary policy. Main H
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