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PBOC sets USD/ CNY reference rate for today at 6.9274 (vs. yesterday at 6.9168)

PBOC sets USD/ CNY reference rate for today at 6.9274 (vs. yesterday at 6.9168)

Central Banks
Eamonn Sheridan
20/08/2020 | 01:15 GMT

People's Bank of China mid rate for the trading session ahead.

  • PBOC injects 160 billion yuan liquidity via 7-day reverse repo
  • 150 billion yuan reverse repo expire today
  • thus a net 10 billion yuan injection

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