On Friday the People's Bank of China set the onshore yuan at 95.2, down 0.22 on the week, against its basket.
OMOs today:
- PBOC to add 60bn yuan via 7-day reverse repos
Net 60bn yuan injection as there are no RRs maturing today.
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PBOC sets USD/ CNY mid-point today at 6.7088 (vs. yesterday at 6.7167)
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