• PBOC sets the midpoint at 6.3664 down from yesterday's midpoint at 6.3677

  • USD/CNY is the onshore yuan. Its permitted to trade plus or minus 2% from this daily reference rate.

  • CNH is the offshore Yuan. USD/CNH has no restrictions on its trading range

PBOC injects CNY 20 billion via seven day reverse repos with the rate at 2.10% for a net CNY injection of 10 billion