People's Bank of China
Earlier:
- Continued pop for USD/CNY is the consensus expected today
- the Bloomberg expected was 6.6238
PBOC injects 120bn yuan via 7 day RRs
- 30bn mature, thus net +90
PBOC sets USD/ CNY reference rate for today at 6.6236 (vs. yesterday's mid-rate at 6.6070)
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