PBOC set the onshore yuan reference rate for the trading session ahead.
Reuters estimate from their survey was 6.5319, Bloomberg 6.5336
PBOC add in 10bn yuan through 7-day RRs in open market operations
- 10bn mature today
- thus net neutral
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People’s Bank of China sets yuan reference rate at USD/ CNY 6.5338 (vs. Friday at 6.4795)
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