People's Bank of China mid-rate for on shore yuan for the day
PBOC skips open market operations
- 110 billion yuan liquidity is drained from the market due to reverse repo expires today
Offshore yuan has been surging against the USD:
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PBOC sets USD/ CNY reference rate for today at 7.0310 (vs. yesterday at 7.0663)
PBOC sets USD/ CNY reference rate for today at 7.0310 (vs. yesterday at 7.0663)
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