PBOC has skipped OMOs again today,
- neutral (no RRs mature)
- Bank citing relatively high level of banking system liquidity
- 18th consecutive no OMO day from the Bank
And once again weaker for the onshore yuan mid rate
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People’s Bank of China sets yuan reference rate at 6.8695 (vs. yesterday at 6.8629)
People’s Bank of China sets yuan reference rate at 6.8695 (vs. yesterday at 6.8629)
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