PBOC sets yuan mid-point at 7.0812

Author: Adam Button | Category: News

The latest yuan fixing

The latest yuan fixing
  • Reuters' estimate was 7.0838 with Bloomberg's survey at 7.0872
Since the challenge of the 2019 at the end of May, it's been downhill for USD/CNY.

A report says the PBOC injected 120B yuan via 7-day reverse repos today.

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