People's Bank of China allows onshore yuan (CNY) to trade plus or min8us 2% from this daily mid rate,.
- Today's reference rate is the 8th consecutive strengthening for the onshore yuan
PBOC injects 60bn yuan via 7-day reverse repos
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PBOC sets USD/ CNY reference rate for today at 7.0703 (vs. yesterday at 7.0711)
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