Central rate for on shore yuan trading for session ahead set by the People's Bank of China

The People's Bank of China set the USD/CNY reference rate at 6.6703. The reference rate is higher (lower yuan) than the fix at 6.65602 yesterday.

The PBOC injected 70B Yuan with 7 day reverse repos. Injects 20B Yuan in open market operations.

The PBOC has injected a net 220B Yuan for the week via open market operations.

The Reuters estimate for the midpoint was at 6.6735.