PBOC sets USD/ CNY reference rate for today at 6.4710

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

Reuters estimate from their survey was 6.4680, Bloomberg 6.4701

PBOC add in 100bn yuan through 14-day RRs in open market operations

  • 100 bn mature today
  • thus net neutral
For the week a net 96bn yuan injection
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