Bloomberg China’s central bank boosted injections via open-market operations to the most in two months to counter seasonal tightening of liquidity. The People’s Bank of China pumped in a net 270 billion yuan ($42 billion) on Tuesday, as sales of reverse-repurchase agreements more than offset maturities. That’s the most since Nov. 16, data compiled by Bloomberg show. As much as ...

Bloomberg It finally happened: Morocco eased its grip on the dirham. But there was no stampede for dollars and the currency strengthened. Bank al-Maghrib set the reference rate at 9.2184 per dollar even after the central bank widened the dirham fluctuation band to 2.5 percent above or below its peg. And the regulator allocated less than a fifth of the ...

Bloomberg Emirates National Oil Co, the state-owned oil refiner in Dubai, has held discussions with banking advisers for a potential initial public offering of its fuel-retailing unit, on the heels of a similar move in Abu Dhabi, according to people familiar with the matter. The retail arm of ENOC, as the company is known, could be valued at more than ...