People's Bank of China onshore yuan central rate
- USD/CNY can trade +/- 2% from this rate
- USD/CNH has no such bound
PBOC inject 150bn yuan through 7-day reverse repos in open market operations (OMOs) today
No maturing RRs
PBOC inject 150bn yuan through 7-day reverse repos in open market operations (OMOs) today
No maturing RRs