PBOC sets USD/CNY mid-point today at 6.9028 (vs. yesterday at 6.8934)

Eamonn Sheridan

Wednesday, 14/12/2016 | 01:16 GMT

And, in OMOs

to inject 90bn yuan via 7-day reverse repos
to inject 40bn yuan via 14-day reverse repos
to inject 40bn yuan via 28-day reverse repos

CNY weaker against the USD today

ps. This is the yuan against its index (chart via Bloomberg)

While the CNY has been heavily devalued by the People's Bank of China against the USD (partly a function of overall USD strength) the yuan is relatively stable against its basket.