PBOC sets USD/ CNY mid-point today at 6.8357 (vs. yesterday at 6.8530)

PBOC sets USD/ CNY mid-point today at 6.8357 (vs. yesterday at 6.8530)



PBOC boosts the CNY at today’s setting
Skips OMOs today
– net drain of 110bn given maturing RRs
– for the week, a net 60bn yuan injection
more to come



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