The Traderszone Network

Published in TZ Latest News 24 May, 2017 by The TZ Newswire Staff

PBOC sets USD/CNY mid-point today at 6.8695 (vs. yesterday at 6.8758)

And, for Open Market Operations, People’s Bank of China
– To inject 60 bn yuan through 7-day reverse repos
– To inject 10 bn yuan through 14-day reverse repos      
There are 70bn yuan of maturing reverse repos today … so that makes it all square