The Traderszone Network

Published in TZ Latest News 7 July, 2016 by The TZ Newswire Staff

PBOC sets yuan reference rate for today at 6.6853 (vs. yesterday at 6.6820)

PBOC injects 20bn yuan via 7-day reverse repos
People’s Bank of China has drained a net 645bn yuan for the week via OMOs, was a 180bn net injection last week
That’s the biggest drain of net funds via open market operations for 4 months