People's Bank of China yuan reference rate for today
Also, in Open Market operations: PBOC injects 180bn yuan via 7-day reverse repos
Another big injection
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Yesterday's USD/CNY mid point was the highest since December of 2010 ... surpassed today
Not that the PBOC are taking the piss or nothin' .... nooooo
- No basis for long-term yuan depreciation
OK, whatever you say ....
USD/CNY mid point over the past year