Its slowly, slowly for the People's Bank of China

Expectations for the mid rate today were around 7.0674 Reuters)

It came in at

ICYMI, I've said it over and over, the PBOC is happy to let CNY lose ground, just not too quickly. This will continue.

Its slowly, slowly for the People's Bank of China

Meanwhile offshore yuan is weaker again on the session., circa 7.1012 as I update