PBOC sets USD/ CNY reference rate for today at 6.5558 (vs. yesterday at 6.5387)

People's Bank of China set the onshore yuan mid-rate for the trading session ahead.

Reuters estimate from their survey was 6.5548, Bloomberg 6.5562

PBOC add in 10bn yuan through 7-day RRs and 100bn via 14-dayers in open market operations

  • 10bn mature today
  • thus a net 100bn yuan injection

Best in 2026

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