PBOC sets USD/ CNY reference rate for today at 6.9969 (vs. yesterday at 6.9895)

People’s Bank of China    30bn yuan injected via 7 day RRs No maturities today

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PBOC sets USD/ CNY reference rate for today at 7.0029 (vs. yesterday at 6.9938)

People’s Bank of China  PBOC adds 100bn yuan via 7 day reverse repos in open market operations  – offsets the 100bn yuan in RRs that mature

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PBOC sets USD/ CNY reference rate for today at 6.9921 (vs. yesterday at 6.9718)

People’s Bank of China    People’s Bank of China inject 50bn yuan through open market operations today.   – 50bn mature today

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PBOC sets USD/ CNY reference rate for today at 7.0310 (vs. yesterday at 7.0663)

People’s Bank of China mid-rate for on shore yuan for the day PBOC skips open market operations Offshore yuan has been surging against the USD:

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PBOC sets USD/ CNY reference rate for today at 7.0555 (vs. yesterday at 7.0671)

Onshore yuan central rate from the People’s Bank of China for the session ahead. Stronger CNY again in line with the moves for the USD overnight. – USD/CNY is permitted…

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