People's Bank of China CFETS sets the mid rate for the session ahead.
- PBOC injects 100 billion yuan liquidity via 7-day reverse repo, plus 60bn in 14 dayers
- 50 billion yuan reverse repo expire today
- thus a net 110 billion yuan injection
PBOC sets USD/ CNY reference rate for today at 6.9194 (vs. yesterday at 6.9107)
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