People's Bank of China (via CFETS) sets the rate each day for the onshore yuan and allows trading + / - 2%
A big jump for the USD/CNY at the mid rate set today. CNY at its weakest for about 3 weeks (since March 29).
PBOC skips open market operations today.
- 80bn yuan of RRs mature today.
A look at the onshore yuan the past year, daily candles.