Yesterday's set was at 6.3019. Anyone remember yesterday ,when our biggest concern was who would win the SuperBowl?
Ahhh .... the good old days.
OK, enough with the reminiscing, time to get back to freaking out
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ps. PBOC skips OMOs today
- net drain of 80bn yuan in OMOs (after accounting for maturing RRs)
- the Bank had gauged demand for 7, 14, 28 and 63 days reverse repos .... but, nah
