People’s Bank of China sets yuan reference rate at 6.8695 (vs. yesterday at 6.8629)

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Central Banks

Eamonn Sheridan

14/08/2018 | 01:15 GMT

PBOC has skipped OMOs again today,

neutral (no RRs mature)
Bank citing relatively high level of banking system liquidity
18th consecutive no OMO day from the Bank

And once again weaker for the onshore yuan mid rate

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