PBOC sets USD/CNY reference rate for today at 6.6113 (vs. yesterday at 6.6033)

Author: Eamonn Sheridan | Category: Central Banks

People's Bank of China yuan mid rate for the session's trading.

For OMOs:
  • To inject 80bn yuan through 7 day reverse repos
  • To inject 70bn yuan through 28 day reverse repos also
Net 150bn yuan injection today
For the week, net 80 bn yuan injection via OMOs