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PBOC sets USD/CNY reference rate at 6.3768 vs 6.3733 yesterday

PBOC sets USD/CNY reference rate at 6.3768 vs 6.3733 yesterday

Central Banks
Justin Low
10/05/2018 | 01:15 GMT

USD/CNY fixing for the day

PBOC is to inject ¥10 bn through 14-day reverse repos and ¥20 bn through 7-day reverse repos. With ¥50 bn worth of reverse repos maturing today, the PBOC drains a net liquidity of ¥20 bn.

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