Today's onshore yuan reference rate from the People's Bank of China
Yeah, I did a double-take on the rate .... 6.5841 is correct. The People's Bank of China is really sinking the boot into the USD against the CNY today.
Chart of the mid rate recently:
In Open Market Operations the People's Bank of China to inject 20 bn yuan via 7 day reverse repos. Injection matches maturities for RRs today.
