PBOC sets USD/ CNY reference rate for today at 6.8209 (vs. estimate at 6.8048)


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

more to come

Note:

  • Will add overnight reverse repo operations to the open market on June 29 and June 30 to better meet short-term liquidity needs in the banking system.

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

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