# Briefly - Chinadaily.com.cn

> The PBOC conducted 301.57 billion yuan of seven-day reverse repos at 1.7 percent on Monday to keep banking system liquidity ample at month-end. The yuan's central parity rate weakened 46 pips to 7.1316 per US dollar.

- Date: 2024-07-30 · published 2024-07-30T12:00:00.000Z
- Category: market · region China · magnitude low
- Page: https://feedsoft.ai/events/9353-briefly-chinadaily-com-cn
- Commodities: [Chinese Yuan (CNY per USD)](https://feedsoft.ai/c/USDCNY.md)

## Why it matters

Routine liquidity operations and small yuan moves have little direct effect on feed commodity prices, so the impact on buyers is minimal.

## Read by commodity

- USDCNY: bullish ▲

## Sources

- chinadaily.com.cn: https://www.chinadaily.com.cn/a/202407/30/WS66a853b6a31095c51c510b81.html

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