PBOC sets USD/ CNY mid-point today at 6.7829 (vs. estimate at 6.7166)
The PBOC allows the yuan to fluctuate within a +/- 2% range, around this reference rate. More here on this.
- PBOC injected 239.5 billion yuan of 7-day reverse repurchase operations at 1.40%, unchanged
This article was written by Eamonn Sheridan at investinglive.com.