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PBOC sets USD/CNY central rate at 6.8592 (vs. yesterday at 6.8495)

ByEamonn Sheridan

Nov 16, 2016

People’s Bank of China Open Market operations for today:
– injects  110bn yuan via 7-day reverse repos
– injects  30bn yuan via 14-day reverse repos
Weakest for the CNY (against the USD) since August of 2008

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  2. Egypt’s 273-Day T-Bill Average Yield Rises Slightly to 11.620 Pct in Sunday’s Auction from 11.619 Pct in Last Similar Auction
  3. Fed Rate Hike Looms Sooner Than Later
  4. October 2015 US business inventories 0.0% vs +0.1% exp m/m

By Eamonn Sheridan

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