Markets

People’s Bank of China (PBOC) sets yuan reference rate at 6.4755

People's Bank of China injects 40 bn yuan through 7-day reverse repos

  • Injects 30 bn for the week (not 60 as misreported earlier) in total (10 injected last week)

Re USD/CNY:

  • yesterday's close was 6.4778
  • yesterday's mid point was set at 6.4731

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

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