PBOC sets USD/ CNY reference rate for today at 7.0729 (vs. Friday at 7.0731)

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Central Banks

Eamonn Sheridan

30/09/2019 | 01:15 GMT

People's Bank of China again keeps onshore yuan barely changed ahead of the big holiday coming up.

October 1 to 7 are holidays in China
Golden week

PBOC skips OMOs.

20bn yuan in RRs mature, thus a net drain of that amount.

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