PBOC sets USD/ CNY reference rate for today at 6.5809 (vs. yesterday at 6.5719)

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

Reuters estimate from their survey 6.5800, Bloomberg 6.5810

PBOC add in 70bn yuan through 7-day RRs in open market operations

  • 50bn mature today
  • thus a net 20bn injection

Best in 2026

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