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PBOC sets USD/ CNY mid-point today at 6.6857 (vs. yesterday at 6.6952)

PBOC sets USD/ CNY mid-point today at 6.6857 (vs. yesterday at 6.6952)

Central Banks
Eamonn Sheridan
27/02/2019 | 01:16 GMT

And, in open market operations the PBOC inject 60bn yuan through 7-day reverse repos

  • Net 40bn yuan added (20 bn yuan of RRs mature today)

People's Bank of China strengthening onshore yuan again today at the reference rate setting.

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