PBOC sets USD/ CNY reference rate for today at 6.9933

Author: Eamonn Sheridan | Category: Central Banks

People's Bank of China onshore yuan mid rate for the trading session ahead.

USD/CNY is permitted to vary by plus or minus 2% from this rate.
Any further than that and the PBOC will intervene to halt the move

USD/CNH is a different situations - no limits!

  OMOS today - none. No RRs mature either. 

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