The Traderszone Network

Published in TZ Latest News 6 March, 2017 by The TZ Newswire Staff

PBOC sets USD/CNY mid-point today at 6.8957 (vs. yesterday at 6.8790)

OMOs:
– To inject 10  bn yuan through 7-day reverse repos
– To inject 10  bn yuan through 14-day reverse repos
– To inject  10 bn yuan through 28-day reverse repos  
Higher USD/CNY … i.e. a weaker yuan today from the Bank.