PBOC sets USD/ CNY reference rate for today at 6.8066 (vs. estimate at 6.7850)
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The PBOC allows the yuan to fluctuate within a +/- 2% range, around this reference rate. More here on this. prior close 6.7780 Injects 7bn yuan via 7-day reverse repos in open market operates today. Unchanged rate of 1.4%. This article was written by Eamonn Sheridan at investingl
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PBOC sets USD/ CNY reference rate for today at 6.7787 (vs. estimate at 6.7093)
PBOC is expected to set the USD/CNY reference rate at 6.7098 – Reuters estimate