First lower USD/CNY (i.e. a strengthening of the yuan) set for 11 days
– yesterday’s close was 6.3724
– yesterday’s mid point was set at 6.3750
PBOC injects 10bn yuan via 7 day reverse repos today
First lower USD/CNY (i.e. a strengthening of the yuan) set for 11 days
– yesterday’s close was 6.3724
– yesterday’s mid point was set at 6.3750
PBOC injects 10bn yuan via 7 day reverse repos today