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PBOC sets USD/ CNY reference rate for today at 6.3167 (vs. yesterday at 6.3396)

PBOC sets USD/ CNY reference rate for today at 6.3167 (vs. yesterday at 6.3396)

Central Banks
Eamonn Sheridan
22/03/2018 | 01:15 GMT

Daily mid rate from the People's Bank of China

PBOC inject 10 bn yuan through 7-day reverse repos in open market operations (OMOs) today

Net drain of 140b yuan (i.e. 150 bn yuan in RRs mature today)

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