PBOC sets USD/ CNY mid-point today at 6.8693 (vs. Friday at 6.8664)

People's Bank of China set the yuan against its basket at 93.18 on Friday

  • up 0.99 on the week

PBOC skips open market operations again today (this is for the 32nd session in a row)

  • no RRs mature today, neutral from the bank
  • 32 consecutively is the longest streak since 2016

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