CNHSGD CNH/SGD
- 0.1849
- -0.0007-0.38%
CNH/SGD News
SGD Steady After Widely Expected MAS Policy Decision -- Market Talk
Singapore Central Bank Keeps Policy Unchanged During Price Risks
Singapore Central Bank Delivers Slightly Dovish Hold -- Market Talk
Singapore Inflation Outlook Likely Rules Out Further Tightening -- Market Talk
MAS Outlook Backs Case for Easing in October, CE Says -- Market Talk
Singapore Seen Holding Monetary Policy, Easing Eyed In 2025
RMB suddenly skyrocketed! What happened?
Recently, the market seems to be ignoring the fact that the Renminbi has strengthened!
Express News | Analysts interpret the sharp rise of the yuan: the peripheral market may have begun to brew expectations of a strong domestic economy.
Singapore Central Bank Likely to Keep Policy Unchanged, WSJ Poll Shows -- Market Talk
What is the significance of the People's Bank of China's second MLF operation this month? Deemphasizing the policy color of the MLF interest rate, institutions need to pay more attention to mid-month liquidity.
The increase in MLF operations this time met the long-term funding needs of financial institutions. The MLF operation used an interest rate bidding method, which can better reflect the supply and demand of funds. The moderate decline in MLF interest rates bridged the gap with market rates such as interbank certificates of deposit. The arrangement of this MLF operation after the LPR quote reflects the intention to downplay the policy color of MLF interest rates.
Singapore Inflation Progress Signals Cooler Full-Year Prints
NDRC releases policy measures to encourage high-quality enterprises to use mid- to long-term foreign debts, expanding USD 1.27 trillion of external debts.
Requirement for high-quality enterprises to achieve "industry top five revenue scale in the past year" has been added. Currently, the scale of China's foreign debt stock is USD 1.27 trillion, with the proportion of medium- and long-term foreign debt accounting for 87.8%.
Report from the Chinese Academy of Social Sciences: macro policies must continue to be strengthened and coordinated to actively expand domestic demand.
On July 23, Guolonghui reported that the Chinese Academy of Social Sciences Financial Research Institute held a press conference for the second quarter of 2023 on "China Macro-Financial Analysis".
Singapore Sees Higher Inflation in June
Singapore Inflation Slowed in June as Transportation Costs Fell
Singapore Inflation in Focus Ahead of MAS Meet -- Market Talk
Singapore Dollar May Take Top Spot As Asia's Best-Performing Currency Again
July's LPR has been lowered, and the cumulative reduction of LPR for maturities beyond 5 years this year has reached 35 basis points, saving more than 0.07 million yuan in mortgage interest.
LPR is the main reference benchmark for loan pricing. The decrease in LPR conveys a policy signal of stable growth and development, which will further stabilize and lower the financing costs of the real economy. Since this year, the cumulative decline of LPR above 5 years has been 35 basis points. Borrowers of existing housing loans will also enjoy the benefits brought by the decrease in LPR after the next repricing date, reducing their interest burden and enhancing their consumption ability.
Singapore Dollar Has Reasons to Win Asia's Currency Crown Again
Singapore Central Bank Expects 2024 Growth Closer To Potential Rate Of 2-3%