In People's Bank of China open market operations the bank is
- to inject 40 bn yuan via 7 day reverse repos
- to inject 20 bn yuan through 14 day reverse repos
No maturing RRs today, so a net injection of 60bn yuan through OMOs
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PBOC sets USD/CNY reference rate for today at 6.7464 (vs. yesterday at 6.7451)
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