PBOC sets USD/ CNY reference rate for today at 6.8359 (vs. yesterday at 6.8319)

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The onshore yuan mid-rate for the trading session ahead set by the People's Bank of China.

 
  • USD/CNY can trade in a band +/- 2% of this rate
  • offshore yuan (CNH) has no such limit imposed
 
PBOC injects 100 billion yuan liquidity via 7-day reverse repo
  • 100 billion yuan reverse repo mature today
  • thus a neutral day
 
 

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