PBOC sets USD/ CNY reference rate for today at 6.7195
People's Bank of China mid rate setting for the trading session ahead.
In OMOs, PBOC adds 120bn yuan via 7-day reverse reppo agrements
80bn of maturities in RRs today
PBOC also conducting 5bn yuan of CBS
- CBS is central bank bills swap
- these have a neutral impact on liquidity in the banking system