Highest level in a month for the onshore RMB central rate against the USD
PBOC to inject 100bn yuan via 7 day reverse repos in open market operations today
With 250bn yuan of RRs maturing this is a net drain of 150 bn yuan
PBOC to inject 100bn yuan via 7 day reverse repos in open market operations today
With 250bn yuan of RRs maturing this is a net drain of 150 bn yuan