People's Bank of China onshore yuan reference rate at its strongest (lowest for USD/CNY since December 8 2015)
On Friday CFETS set the CNY at 95.25 against its basket
In Open Market operations today, PBOC to:
- inject 60 bn yuan through 7 day reverse repos
- inject 40 bn yuan through 14 day reverse repos
- inject 10 bn yuan through 63 day reverse repos
Net 20bn yuan injected
