OMOS today:
– injects 140bn yuan via 7-day reverse repos
– injects 85bn yuan via 14-day reverse repos
more to come
—
Yesterday I posted a couple oif charts showing the CNY falls against the USD but its relative stability against its basket. I reposted them this morning, here:
PBOC sets USD/CNY mid-point today at 6.8692 (vs. yesterday at 6.8592)
