PBOC sets USD/ CNY reference rate for today at 7.0727 (vs. yesterday at 7.0752)

24/10/2019 | 01:15 GMT

People's Bank of China

In OMOs - inject 60bn yuan via 7 day RRs ( no maturities today thus net +60bn)

That's a total of 510bn in the past three days. PBOC adding liquidity ahead of tax payments due is the story apparently.

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