The big news from the US is the 'We really don't care about your health' bill (or whatever they call it ;-) ) is dead: U.S. Senators Mike Lee and Jerry Moran have announced they will not support the revised Republican health care bill
But, from China now ... USD/CNY mid rate for the day.
And, in open market operations the People's Bank of China
- to inject 130bn yuan via 7 day reverse repos
- to inject 70bn yuan through 14 day reverse repos
30bn yuan in RRs mature today, so a big net injection again from the bank, 170bn net today
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ps. The RMB basket was set at 93.34 on Friday (July 14), down from 93.52 the previous Friday
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Earlier re China today:
