PBOC sets USD/ CNY reference rate for today at 7.0271 (vs. yesterday at 7.0349)

Author: Eamonn Sheridan | Category: Central Banks

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. 

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