PBOC sets USD/ CNY central rate at 6.2897 (vs. yesterday at 6.2832)

Author: Eamonn Sheridan | Category: Central Banks

Not a lot of change in the onshore yuan reference rate on the day

People's Bank of China skips open market operations (OMOs) today
  • No maturing RRs today - neutral impact

Over the week as a whole the Bank injected 470bn yuan through OMOs