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PBOC sets USD/ CNY central rate at 6.2816 (vs. yesterday at 6.3193)

PBOC sets USD/ CNY central rate at 6.2816 (vs. yesterday at 6.3193)

Central Banks
Eamonn Sheridan
27/03/2018 | 01:16 GMT

Big revaluation for the onshore yuan again today, CNY is now at its highest against the USD since August of 2015

People's Bank of China skips open market operations today

Net drain of 10 bn yuan (due to maturing RRs for that amount)

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