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PBOC sets USD/ CNY reference rate for today at 6.2884 (vs. Friday at 6.2898)

Eamonn Sheridan
16/04/2018 | 01:17 GMT

Little change evident in the mid rate setting from the People's Bank of China today

PBOC inject 80bn yuan through 7-day reverse repos in open market operations (OMOs) today

  • And inject 70bn with 14-day RRs

A net injection of 130bn yuan into money markets.

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Check this out on the yuan from earlier today ICYMI:

  • UK press on Beijing considering yuan devaluation - "as a hidden weapon" in trade war

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