PBOC sets USD/ CNY reference rate for today at 6.4605 (vs. yesterday at 6.4669)

Author: Eamonn Sheridan | Category: Central Banks

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


Reuters estimate from their survey was 6.4569, Bloomberg 

PBOC add in 100bn yuan through 14-day RRs in open market operations
  •  100bn RRs mature today
  • thus a net neutral
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