PBOC sets USD/ CNY reference rate for today at 6.5249 (vs. yesterday at 6.5325)

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

Reuters estimate from their survey was 6.5228, Bloomberg's was 6.5238

PBOC add in 90bn yuan through 7-day RRs in open market operations

  • 10bn mature today
  • thus a net 80bn injection of funds on the day

Best in 2026

Sponsored

General Risk Warning
investingLive Premium
Telegram Community
Gain Access