PBOC sets USD/ CNY reference rate for today at 6.5719 (vs. Friday at 6.5786)

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

Reuters estimate from their survey 6.5717, Bloomberg 6.5715

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

  • None mature today
  • thus a net 40bn injection

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