People’s Bank of China sets the yuan mid-point reference rate at 6.3791
- Yesterday's close was 6.3839
- Yesterday's mid point set was 6.3773
Slight weakening for the yuan at the fix today again
For the 4th day in succession & weakest for September so far
PBOC to inject 80bn yuan via 14-day reverse repos today
PBOC injects net 40bn yuan for the week (140bn drain last week)