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PBOC sets USD/ CNY mid-point today at 6.7942 (vs. yesterday at 6.8293)

PBOC sets USD/ CNY mid-point today at 6.7942 (vs. yesterday at 6.8293)

Central Banks
Eamonn Sheridan
02/08/2018 | 01:16 GMT

Wow! A yuan appreciation from the PBOC today.

PBOC skips open market operations today, for a 10th consecutive day

  • 30bn yuan of RRs mature
  • thus a net drain of 30bn yuan

more to come

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