PBOC sets USD/ CNY mid-point today at 6.9103 (vs. yesterday at 6.9119)

Author: Eamonn Sheridan | Category: Central Banks

Slightly stronger again for the onshore yuan today, just by a few points though 

The Bank skips open market operations today
  • no reverse repos mature
  • thus neutral 

There have been a couple of interesting items on the yuan the past day or so:

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