People's Bank of China onshore yuan reference rate
- USD/CNY can trade +/- 2% from this rate
- USD/CNH has no such bound
PBOC inject 140bn yuan in OMOs today, no RRS mature
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PBOC sets USD/ CNY reference rate for today at 6.9597 (vs. yesterday at 6.9711)
PBOC sets USD/ CNY reference rate for today at 6.9597 (vs. yesterday at 6.9711)
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