PBOC sets USD/CNY mid-point today at 6.7307 (vs. yesterday at 6.7529)

USD weak across the board after the Federal Open Market Committee statement - reflected by the People's Bank of China mid-rate. Lowest USD/CNY since October last year.

For today in open market operations the People's Bank of China is:

• to inject 60 bn yuan via 7 day reverse repos

There are 40bn yuan in maturing RRs today. Net injection thus 20bn yuan.

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More on the CNY here:

• Is China's yuan being manipulated? Big Mac vs. Mini Mac

And, China bonds here:

• BlackRock says index inclusion to drive flows into China onshore bond