People’s Bank of China reference rate for the RMB against the USD today, stronger for the yuan
Open market operations, the PBOC to:
– to inject 100 bn yuan via 7 day reverse repos
100bn yuan mature today (for RRs), thus a net 40 bn yuan injection
People’s Bank of China reference rate for the RMB against the USD today, stronger for the yuan
Open market operations, the PBOC to:
– to inject 100 bn yuan via 7 day reverse repos
100bn yuan mature today (for RRs), thus a net 40 bn yuan injection