On Friday the PBOC (via CFETS) set the yuan at 92.19 against its basket, from 92.33 the previous Friday
China takes a chunk out of the yuan today. Comes after the agreement with the US to stick the tariff increase on hold for 90 days while they solve all the disputes (LOL)
PBOC skips open market operations (this is for the 27th session in a row!)
- no RRs mature today, neutral from the bank
- 27 consecutively is the longest streak since 2016
