Onshore yuan reference rate, a big strengthening for the CNY from the bank today
In Open Market operations,
- PBOC inject 50bn yuan through 7-day reverse repos
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PBOC sets USD/ CNY mid-point today at 6.8360 (vs. yesterday at 6.8718)
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Monday open FX. Indicative rates 06 July 2026 As is usual for a Monday morning, market liquidity is very thin until it improves as more Asian centres come online ... prices are liable to swing around, so take care out there.
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