Onshore yuan reference rate with another huge swing in a day
- CNY revalued 350-odd points from yesterday's setting
- CNY mid rate the strongest (for the CNY) this week
PBOC skips OMOs today
- Net drain of 70bn yuan
PBOC citing reasonably ample liquidity
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PBOC sets USD/ CNY mid-point today at 6.7662 (vs. yesterday at 6.8040)
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