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PBOC sets USD/ CNY reference rate for today at 6.8121 (vs. yesterday at )

Eamonn Sheridan
25/09/2020 | 01:16 GMT

People's Bank of China onshore USD/yuan mid-rate

PBOC injects 90 bn yuan via 14 day RRs in OMOs today

  • 110 bn in RRs mature today
  • Net drain is therefore 20 bn yuan

Earlier news that gave a boost to the CNH:

  • FTSE Russell will add China government bonds to benchmark WGBI index next year

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