PBOC drains a net CNY 510 billion in OMOs this week

On Friday, the PBOC set the Yuan reference rate against the US dollar once again higher after yesterday’s lower fix.

Meanwhile, the PBOC skipped open market operations (OMOs) for the tenth consecutive session today, while draining a net CNY 510 billion in OMOs this week.

Jan 5, 2018

North Korea is said to be preparing for a rocket test launch

Reuters posted the reports coming out after viewing the satellite imagery that showed that North Korea is preparing for a test of a rocket engine at o

N. Korea and S. Korea set January 9 for talks

Reuters reports the latest updates surrounding the Korean peninsula, citing that the North Korea and South Korea will speak on January 9th on Winter O