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PBOC sets USD/ CNY mid-point today at 6.3071 (vs. yesterday at 6.3114)

PBOC sets USD/ CNY mid-point today at 6.3071 (vs. yesterday at 6.3114)

Central Banks
By Eamonn Sheridan
10/04/2018 | 01:15 GMT

People's Bank of China sets yuan reference rate

People's Bank of China skipping on OMOs today

  • Given maturing reverse repos of 30bn yuan today that means a net drain of 30bn yuan

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Meanwhile the US war on China goes on

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