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PBOC sets USD/CNY reference rate at 6.3733 vs 6.3674 yesterday

PBOC sets USD/CNY reference rate at 6.3733 vs 6.3674 yesterday

Central Banks
Justin Low
09/05/2018 | 01:17 GMT

USD/CNY fixing for the day

PBOJC injects ¥60 bn through 7-day reverse repos and ¥40 bn through 14-day reverse repos. With ¥200 bn worth of reverse repos maturing today, the PBOC drains a net of ¥100 bn on the day.

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