Friday’s RMB index rate set by CFETS at 95.00 (29 Sep. the prior setting, at 94.36)
In Open Market Operations the People’s Bank of China
– to inject 20 bn yuan via 7 day reverse repos
Injection matches today’s maturities
Friday’s RMB index rate set by CFETS at 95.00 (29 Sep. the prior setting, at 94.36)
In Open Market Operations the People’s Bank of China
– to inject 20 bn yuan via 7 day reverse repos
Injection matches today’s maturities