PBOC sets USD/ CNY reference rate for today at 6.4605 (vs. yesterday at 6.4669)

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

Reuters estimate from their survey was 6.4569, Bloomberg

PBOC add in 100bn yuan through 14-day RRs in open market operations

  • 100bn RRs mature today
  • thus a net neutral

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