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PBOC sets USD/ CNY reference rate for today at 6.8361 (vs. Friday at 6.8389 )

PBOC sets USD/ CNY reference rate for today at 6.8361 (vs. Friday at 6.8389 )

Central Banks
Eamonn Sheridan
14/09/2020 | 01:15 GMT

People's Bank of China

PBOC injects 80 bn yuan liquidity via 7-day reverse repo

  • 100 bn yuan reverse repo mature today
  • thus a net 20 bn yuan drain

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