PBOC sets USD/ CNY mid-point today at 6.5376 (vs. yesterday at 6.5282)
The People's Bank of China set the onshore yuan reference rate for the trading session ahead. Weakest for the CNY since January 4 this year.
- The previous close was 6.5475
- Reuters estimate from their survey was 6.5359, Bloomberg 6.5384
PBOC injects 10 billion yuan liquidity via 7-day reverse repo
10 billion yuan reverse repo matures today
thus neutral, no net injection nor drain
20th day in a row of neutral