S&P affirms New Zealand ratings, outlook remains stable

S&P affirms New Zealand ratings, outlook remains stable, noting both monetary and fiscal flexibility.

Mar 22, 2016

PBOC injects 80bn yuan via 7-day reverse repos

As part of its daily open market operations (OMOs), the PBOC is injecting 80bn yuan via 7-day reverse repos.

AUD/USD is consolidated sub the 0.76 handle as the PBOC sets the USD/CNY mid -point today at 6.4971.