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PBOC sets USD/ CNY mid-point today at 7.0454 (vs. yesterday at 7.0365)

Eamonn Sheridan
20/08/2019 | 01:15 GMT

People's Bank of China onshore yuan reference rate.

The estimate I had seen from rtrs Reuters was 7.0445, pretty good!

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Injects 50bn yuan via 7 day RRs (60bn mature thus a net 10 drain)

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Earlier on China:

  • The PBOC's lower rates on new loans to business kicks in today ... but ...

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