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PBOC sets USD/ CNY reference rate for today at 6.3431 (vs. Friday at 6.3334)

PBOC sets USD/ CNY reference rate for today at 6.3431 (vs. Friday at 6.3334)

Central Banks
Eamonn Sheridan
05/03/2018 | 01:16 GMT

PBOC to skip open market operations (OMOs) today

  • By doing so its it's a net drain of 100bn yuan in OMOs

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Yuan set at 96.27 for its index (i.e. against a basket of other currencies (as of Friday)

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