Daily Updates

PBOC units yuan reference price at 6.8631

The Individuals’s Financial institution of China (PBoC) has set the USD/CNY reference price for right now at 6.8631, in comparison with yesterday’s price of 6.8482.

In the meantime, in Open Market Operations, the PBoC has injected 40 billion yuan by way of 7-day reverse repos, and 20 billion yuan by way of 14-day RRs; with 150 billion yuan in RRs maturing for Thursday, the day’s general OMO motion leads to a internet 90 billion yuan lower.

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