In open market operations, the PBOC:
– inject 30bn yuan through 7-day reverse repos
A bounce back for the CNY against the USD, courtesy of the People’s Bank of China set today
PBOC sets USD/CNY mid-point today at 6.7157 (vs. yesterday at 6.7296)
Forex – financial instrument.Forex news
In open market operations, the PBOC:
– inject 30bn yuan through 7-day reverse repos
A bounce back for the CNY against the USD, courtesy of the People’s Bank of China set today