In Open Market operations, injects 60bn yuan via 7-day reverse repos
USD/CNY higher today from the bank, first devaluation of the CNY for 6 days
– The mid point (or reference rate) is set each day by the PBOC
–Stay tuned, coming up soon:
In Open Market operations, injects 60bn yuan via 7-day reverse repos
USD/CNY higher today from the bank, first devaluation of the CNY for 6 days
– The mid point (or reference rate) is set each day by the PBOC
–Stay tuned, coming up soon: