The four departments issued guiding opinions on regulating the asset management business of financial institutions
People's Daily News, Beijing, April 27 (Li Haixia Prince Marquis) In order to standardize the asset management business of financial institutions, unify the regulatory standards of similar asset management products, effectively prevent and control financial risks, and better serve the real economy, with the consent of the State Council, People's Bank of China, the China Banking and Insurance Regulatory Commission, the China Securities Regulatory Commission and the State Administration of Foreign Exchange recently jointly issued the "Guiding Opinions on Regulating the Asset Management Business of Financial Institutions" (Yinfa  No. 106, hereinafter referred to as the "Opinions"). The "Opinions" are based on the Party Central Committee and the State Council's "serving the real economy, preventing and controlling financial risks, and deepening financial reform."
FX168 Financial News (Hong Kong) News The pound sterling (1.4186, -0.0019, -0.13%) fell sharply after yesterday's (April 18) CPI data, which some analysts believe is overkill. Viraj Patel, research analyst at ING, said that while weaker UK CPI data sowed doubts about the Bank of England's rate hike in May, the subsequent sharp decline in pounds and gilt yields may have been somewhat overreacting. Of course, it's also good to see the UK market back to being driven by economic data. VirajPatel said another
Russian officials say a prolonged depreciation of the ruble will lead to an acceleration of inflation in Russia
Russian Economic Development Minister Oleshkin said on the 11th that the long-term depreciation of the ruble will lead to an acceleration of inflation in Russia.
According to the China Foreign Exchange Trading Center, the central exchange rate of the renminbi against the dollar on March 15 was 6.3141 yuan, up 64 basis points.
On March 15, a total of 729 interbank loans were transacted in the national interbank market, totaling 529.749 billion yuan, a decrease of 37.027 billion yuan from yesterday, with a weighted rate of 2.7876%; A total of 9,399 pledged repurchases were transacted, totaling 2,754.702 billion yuan, a decrease of 82.787 billion yuan from yesterday, with a weighted rate of 2.8702%; A total of 743 buyback transactions were completed, totaling RMB88.936 billion, an increase of RMB1.281 billion from yesterday, with a weighted ratio of 3.2296%; A total of 4,802 transactions were made in the cash trading market, totaling RMB433.392 billion, a decrease of RMB13.115 billion from yesterday.