INVESTINGLIVEEamonn Sheridan
PBOC sets USD/ CNY reference rate for today at 6.8150 (vs. estimate at 6.7733)
The PBOC allows the yuan to fluctuate within a +/- 2% range, around this reference rate. More on this here. Injects 476.5bn yuan via 7-day reverse repos in open market operates today. Unchanged rate of 1.4%. Earlier: Chinese Loan Prime Rates were set: 1year 3% vs. expected and pr
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