PBOC sets USD/ CNY central rate at 6.8509 (vs. Friday at 6.8362)

Reference rate to open the week from the People's Bank of China

CFETS RMB index (the yuan against a basket of currencies) was at 93.05 on Friday, down from 93.52 the previous Friday

PBOC has skipped OMOs today … let's see if we get something longer term from them later in the session

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