PBOC sets USD/CNY mid-point today at 6.7415 (vs. yesterday at 6.7464)

People’s Bank of China reference rate for the RMB against the USD today, stronger for the yuan
Open market operations, the PBOC to:
– to inject 100 bn yuan via 7 day reverse repos
100bn yuan mature today (for RRs), thus a net 40 bn yuan injection

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