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PBOC sets USD/ CNY reference rate for today at 7.0913 (vs. yesterday at 7.0903)

PBOC sets USD/ CNY reference rate for today at 7.0913 (vs. yesterday at 7.0903)

Central Banks
Eamonn Sheridan
19/06/2020 | 01:15 GMT

People's Bank of China

PBOC inject

  • 70bn yuan through 7-day reverse repos in open market operations (OMOs) today
  • and inject 110bn yuan through 7-day reverse repos

Maturities coming due today:

  • 100 bn yuan reverse repo
  • 240 bn yuan MLF loans
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