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PBOC sets USD/CNY reference rate for today at 6.8996(vs. Thursday at 6.8938)

PBOC sets USD/CNY reference rate for today at 6.8996(vs. Thursday at 6.8938)

News
Greg Michalowski
02/08/2019 | 01:21 GMT

Peoples Bank of China reference rate for Friday, August 2, 2019

  • The previous close was 6.8979
  • PBOC skips reverse repo
  • keeps neutral position and open market operations
  • PBOC drains a net 50 billion yuan via open market operations this week
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