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PBOC sets USD/ CNY reference rate for today at 6.3799 (vs. yesterday at 6.3852)

Eamonn Sheridan
22/05/2018 | 01:16 GMT

PBOC is to inject 50bn yuan with 14 day reverse repos

  • And 50bn yuan via 7 day RRs also

Injections match maturities, so net injection/drain is zero

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