A wee bit stronger for the onshore yuan mid rate this session

In Open Market operations, the Bank:

  • injects 110 bn yuan via 7-day reverse repos
  • injects 80 bn yuan via 28-day reverse repos
  • injects 40 bn yuan via 63-day reverse repos

Net 230 bn yuan injection

China was on holiday Monday, Tuesday and Wednesday this week. The Bank injected funds Thursday and Friday

more to come