Eamonn Sheridan
PBOC sets USD/ CNY central rate at 6.7804 (vs. estimate at 6.7104)
The PBOC allows the yuan to fluctuate within a +/- 2% range, around this reference rate. More here on this. PBoC inject 1 bn yuan via 7-day reverse repos in Open Marekt Operations. Rate unchanged at 1.4% 5bn mature today net 4bn drain This article was written by Eamonn Sheridan a
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