PBOC sets USD/CNY mid-rate today at 6.7914 (vs. yesterday at 6.7953)

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Central Banks

Eamonn Sheridan

07/07/2017 | 01:16 GMT

People's Bank of China refrains from OMOs again today (for the 11th day in a row).

20bn yuan in RRs mature today, so a net drain

For the week as a whole the PBOC have drained 250bn yuan (330bn drain last week)

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