PBOC sets USD/ CNY reference rate for today at 6.7081 (vs. yesterday at 6.7025)

Author: Eamonn Sheridan | Category: News

Thursday's reference rate was the strongest for the onshore yuan since mid July of 2018

  • Onshore yuan just barely weaker at the mid rate setting today
  
In Open Market Operations
  • PBOC inject 80bn yuan through 14-day reverse repos today
net 80bn injection 

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Coming up from China soon (0145GMT):

Caixin manufacturing PMI from China for January 

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