PBOC sets USD/ CNY reference rate for today at 7.0810 (vs. yesterday at 7.0570)

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Central Banks

Central Banks

Eamonn Sheridan

27/08/2019 | 01:15 GMT

People's Bank of China weakens the yuan again, just not as much as expected (again)

Estimate was above 7.1 (earlier post here)

PBOC injects 80bn yuan via OMO RRs

50bn mature

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