PBOC sets USD/ CNY reference rate for today at 6.7097 (vs. yesterday at 6.7112)

Author: Eamonn Sheridan | Category: Central Banks

Onshore yuan mid rate for the day's trading session, 6.7097

The People's Bank of China allows USD/CNY to trade + / - 2% from this rate.

USD/CNH though, have at it!  

PBOC adds 40bn yuan in open market operations
  • through 7 day reverse repos
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