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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:

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  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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