PBOC sets USD/CNY central rate at 6.5382 (vs. yesterday at 6.5277)

Author: Eamonn Sheridan | Category: Central Banks

In open market operations

  • People's Bank of China to inject 30bn yuan with 7 day reverse reops
  • To inject 20 bn yuan with 14-day and & 20bn via 28-day reverse repos also
70bn yuan injection matches maturities in RRs today

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