PBOC sets USD/ CNY reference rate for today at 7.0117 (vs. Friday at 7.0020)

23/12/2019 | 01:15 GMT

People's Bank of China with the onshore yuan mid rate

In open market operations, the PBOC inject 50bn yuan through 14-day reverse repos today. There are no reverse repos maturing, thus a net 50bn yuan injection.

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