INVESTINGLIVEEamonn Sheridan
PBOC sets USD/ CNY central rate at 6.8187 (vs. estimate at 6.7720)
The PBOC allows the yuan to fluctuate within a +/- 2% range, around this reference rate. More here. injects 200mn yuan via 7-day reverse repos in open market operates today. Unchanged rate of 1.4%. This article was written by Eamonn Sheridan at investinglive.com.
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