- previous close was 6.2376
- PBOC to drain 85bn yuan today via 28-day repos
–
For the week, the PBOC is draining net 2bn yuan (41bn yuan drain last week)
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People’s Bank of China (PBOC) sets yuan reference rate at 6.1589 (vs. prior set at 6.1599)
People’s Bank of China (PBOC) sets yuan reference rate at 6.1589 (vs. prior set at 6.1599)
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