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PBoC Poured US$21B to the Banking System via Reverse Repos

JAKARTa (TheInsiderStoris) - People's Bank of China (PBoC) pumped cash RMB50 billion (US$21.18 billion) into the banking system through seven-day reverse repos to maintain liquidity, said...

Rupiah Rises Sharply but Chinese Renminbi Weakens Harshly

JAKARTA (TheInsiderStories) - The rapid capital inflow into Indonesia made the Rupiah stronger below 14,000 against the US Dollar. While the Renminbi was under pressure due...