PBOC: Will step up monitoring, assessment and warning of systemic risks

Market news

2 March 2022

PBOC: Will step up monitoring, assessment and warning of systemic risks

The People’s Bank of China (PBOC) is once again out with a statement on Wednesday, noting the measures likely to be undertaken for the effective functioning of the macro-prudential management system.

Key quotes

“Will step up counter-cyclical adjustment function of a macro-prudential management system.”

“Will step up monitoring, assessment and warning of systemic risks. “

“Will further expand toolbox of macro-prudential policies.”

USD/CNY reaction

USD/CNY was last seen trading at 6.3117, almost unchanged on the day.

Currencies. Daily history for Wednesday, March 2, 2022

Commodities. Daily history for Tuesday, March 1, 2022

Market Focus

Material posted here is solely for information purposes and reliance on this may lead to losses. Past performances are not a reliable indicator of future results. Please read our full disclaimer

Open Demo Account & Personal Page

Personal area

support@teletradepartners.com

Risk Warning: Trading in the financial markets (including trading on margin) provides a wide range of opportunities and enables investors ready to take risks to make high profits, but it carries a potentially high level of risk of loss. Therefore, prior to trading you should take into careful consideration whether such operations are suitable for you in terms of your level of knowledge and financial situation.