PBOC sets USD/ CNY reference rate for today at 6.7098 (vs. Friday at 6.6944)

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Central Banks

Central Banks

Eamonn Sheridan

25/03/2019 | 01:15 GMT

On Friday CFETS set the onshore yuan at 95.06 against its basket, down 0.14 from the prior Friday

CNY set weaker against the USD today to open the week.

People's Bank of China skips OMOs today.

60bn yuan RRs mature, net drain of that amount then

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