PBOC sets USD/ CNY reference rate for today at 6.8171 (vs. yesterday at 6.8252)

Author: Eamonn Sheridan | Category: Central Banks

People's Bank of China allows the USD/CNY to trade in a band +/- 2% from this central rate

  • USD/CNH does not have the same limitations 
(Someone was asking about this, I hope this is a good start for your learning).  

PBOC injects 100 billion yuan liquidity via 14-day reverse repo
  •  200 billion yuan reverse repo mature today
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