PBOC sets USD/ CNY reference rate for today at 7.0271 (vs. yesterday at 7.0349)
People's Bank of China with a bit of a stronger onshore yuan at the mid-rate setting.
The context for this (on the assumption, I think not unreasonable, that politics is intertwined here):
Did the PBOC not get the memo yey? :-D
No OMOs tofday
To RRs mature today.