Offshore yuan (CNH) jumps higher after strong setting for onshore yuan (CNY)

The strongest mid-rate for the CNY since Ausgust 11 today:

• PBOC sets USD/ CNY reference rate for today at 7.1612 (vs. estimate at 7.2320)

Meanwhile, LPRs unchanged:

• PBOC Loan Prime Rates (LPR) remain unchanged at today's rate setting, as expected

USD/CNH dropped after the strong mid-rate for CNY: