PBOC sets USD/ CNY central rate at 6.5036 (vs. yesterday at 6.5191)

The People's Bank of China set the onshore yuan reference rate for the trading session ahead.

• Reuters estimate from their survey was 6.5056, Bloomberg 6.5046

PBOC injects 10 billion yuan liquidity via 7-day reverse repo

• 10 billion yuan reverse repo matures today
• thus neutral, no net injection nor drain
• 17th day in a row of neutral