People's Bank of China mid rate for onshore yuan trade today

The Bank has been sending the onshore yuan lower this week, and another big chink taken out of it today.

Yes, the background is a firmer USD but those saying this is not a policy move from China (a weaker currency) Ima gonna have to disagree with.

Skips open market operations today

  • Fore the week as a whole, no net injection nor drain

more to come