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PBOC sets yuan reference rate at 6.5338 & Injects 300bn yuan today

ByEamonn Sheridan

Feb 26, 2016

People’s Bank of China mid point reference rate for the USD/CNY
– yesterday’s was at 6.5318
–
PBOC injects 300bn yuan via 7-day reverse repos
– yesterday the bank injected a lumpy 340bn yuan

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  4. New Zealand Q4 2 year inflation expectations: 1.68% (prior 1.65%)

By Eamonn Sheridan

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