PBOC sets USD/ CNY reference rate for today at 6.7180 (vs. estimate at 6.6758)
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The PBOC allows the yuan to fluctuate within a +/- 2% range, around this reference rate. More here on this. Bank injects 258bn yuan via overnight reverse repos, no 7-day RRs --- As background on the overnight OMOs: Explainer: China eyes overnight rate as main policy tool, what it
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