PBOC sets USD/ CNY reference rate for today at 6.6989 (vs. yesterday at 6.6725)

Author: Eamonn Sheridan | Category: Central Banks

People's Bank of China daily mid-rate, USD/CNY is permitted to trade +/- 2% from this.

USD/CNH has no such boundaries.

PBOC inject 100bn yuan liquidity via 7-day reverse repo
  • 70 bn mature today

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