PBOC sets USD/ CNY reference rate for today at 6.5325 (vs. yesterday at 6.5451)

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

Reuters estimate from their survey was 6.5304, Bloomberg's was 6.5306

PBOC add in 40bn yuan through 7-day RRs in open market operations

  • 10bn mature today
  • thus a net 30bn injection on the day

Best in 2026

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