PBOC sets USD/ CNY mid-point today at 6.9098 (vs. yesterday at 6.9072)

Author: Eamonn Sheridan | Category: Central Banks

Reference rate for the onshore yuan for today's trading session.

  • ever so slightly weaker for the CNY again
People's Bank of China has skipped open market operations again today
  • No maturing reverse repos
  • Thus net neutral from the bank today
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