PBOC sets USD/ CNY central rate at 6.7917 (vs. estimate at 6.7706)

The PBOC allows the yuan to fluctuate within a +/- 2% range, around this reference rate. More here.

PBOC says it injected 253 bn yuan in 7-day reverse repos in Open Market Operations today. Rate rmeains 1.4%.

This article was written by Eamonn Sheridan at investinglive.com.

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