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PBOC sets USD/CNY central rate at 6.8698 (vs. yesterday at 6.8695)

ByEamonn Sheridan

May 26, 2017

The reference rate is barely  changed for the USD/CNY today. Open Market Operations:
– To inject 20 bn yuan through 7-day reverse repos
– To inject 20 bn yuan through 14-day reverse repos  

There are 20bn yuan of maturing reverse repos today … so a net 20bn yuan injection today.

Related posts:

  1. Welcome to a new trading week: Early FX price indications
  2. ESM’s Regling says Greece could tap into market before its aid programme ends
  3. Bundesbank’s Dombret says low rate environment is appropriate at current time
  4. Japan – JGB yields on the rise today, 30 & 40 yrs at highest in nearly a year

By Eamonn Sheridan

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