FXStreet (Bali) – People’s Bank of China (PBOC) set today’s yuan reference rate at 6.3505 vs 6.3571 prior before the holidays. The PBOC is set to conduct reverse reps and to inject 120bn yuan via 7-day reverse repos, while injecting 40bn yuan for the week.

People’s Bank of China (PBOC) set today’s yuan reference rate at 6.3505 vs 6.3571 prior before the holidays. The PBOC is set to conduct reverse reps and to inject 120bn yuan via 7-day reverse repos, while injecting 40bn yuan for the week.

(Market News Provided by FXstreet)

By FXOpen