Logo 21 Jul 2023

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Trivium Markets keeps you briefed on the latest developments in China markets policy.

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The central bank (PBoC) has made another move to stem RMB weakness.
On Friday, the PBoC and the forex regulator (SAFE) raised the macroprudential adjustment parameter (MAP) from 1.25 to 1.5 – an all-time high.
Say what?

The MAP is a multiplier that determines how much businesses and financial insti...