In open market operations the bank is to skip them today
The People's Bank of China is on a yuan strengthening rampage - this is the 9th day in a row of a stronger mid-rate for the CNY against USD
Something to be aware of ... 169bn yuan in MLF loans are due today .... watch out for announcement later they've been rolled onwards...
(ps. MLF is Medium-term Lending Facility, check thois out for a guide to People's Bank of China tools:
More to print out & stick to the fridge - a quick guide to PBOC policy tools )
