Well under the sort of expectations I had seen
In Open Market operations,
- PBOC inject 90bn yuan through 7-day reverse repos
- No RRs mature today, net injection thus 90 bn yuan
130bn yuan injected for the week via open market operations
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PBOC sets USD/ CNY reference rate for today at 6.8894(vs. yesterday at 6.8946)
PBOC sets USD/ CNY reference rate for today at 6.8894(vs. yesterday at 6.8946)
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