PBOC sets USD/ CNY reference rate for today at 6.5921 (vs. yesterday at 6.5782)
People's Bank of China set the onshore yuan mid-rate for the trading session ahead.
– CNY set at its weakest for 2 weeks.
– 70bn mature today
– thus a net 50bn drain
People's Bank of China set the onshore yuan mid-rate for the trading session ahead.
– CNY set at its weakest for 2 weeks.
– 70bn mature today
– thus a net 50bn drain
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