- Prior close of USD/CNY was 6.2040
- PBOC to sell (drain) 20bn yuan via 28-day repos today
- 7 day repo open 3.50% vs 3.47% close prior
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People’s Bank of China (PBOC) sets yuan reference rate at 6.1626 (vs. prior set at 6.1658)
People’s Bank of China (PBOC) sets yuan reference rate at 6.1626 (vs. prior set at 6.1658)
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