PBOC sets USD/ CNY mid-point today at 6.3745 (vs. yesterday at 6.3486)

Author: Eamonn Sheridan | Category: Central Banks

Much lower for the onshore yuan mid rate

PBOC to inject 140bn yuan in 7 day reverse repos
  • & injecting 120bn yuan in 14 dayers
net 200 bn yuan injection (60bn maturing today)

more to come