# Liquidity fears cause renewed concerns for China's central bank | The National

> Chinese money markets face liquidity pressure in September from quarter-end funding needs and local government bond issuance, with liquidity needs possibly near 980 billion yuan. The PBOC must add liquidity without triggering yuan weakness.

- Date: 2018-08-31 · published 2018-08-31T12:00:00.000Z
- Category: macro · region China · magnitude low
- Page: https://feedsoft.ai/events/63743-liquidity-fears-cause-renewed-concerns-for-china-s-central-bank-the-national
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

Currency pressure from tighter liquidity can weigh on the yuan and dampen Chinese import demand for feed ingredients, adding uncertainty to dollar-priced feed purchases.

## Read by commodity

- USDCNY: neutral

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| USDCNY | 2022-09-29 | ['Do not bet': China's central bank PBOC warns against yuan speculation](https://feedsoft.ai/events/39805-do-not-bet-china-s-central-bank-pboc-warns-against-yuan-speculation.md) | -1.2% | +0.3% |
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| USDCNY | 2024-02-22 | [China’s ‘renminbi trap’: The economy needs a weaker currency, but Beijing is unable to act \| Chatham House – International Affairs Think Tank](https://feedsoft.ai/events/31898-china-s-renminbi-trap-the-economy-needs-a-weaker-currency-but-beijing-is-unable.md) | +0.1% | +0.1% |
| USDCNY | 2021-04-19 | [Global Reflation Trade Gains New Momentum From China’s Yuan - Bloomberg](https://feedsoft.ai/events/47815-global-reflation-trade-gains-new-momentum-from-china-s-yuan-bloomberg.md) | -0.4% | -1.3% |
| USDCNY | 2023-10-01 | [China’s Golden Week May Spur Volatility for Yuan at ‘Red Line’](https://feedsoft.ai/events/34330-china-s-golden-week-may-spur-volatility-for-yuan-at-red-line.md) | 0.0% | +0.2% |

## Sources

- thenationalnews.com: https://www.thenationalnews.com/business/banking/liquidity-fears-cause-renewed-concerns-for-china-s-central-bank-1.765460

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.