The Traderszone Network

Published in TZ Latest News 4 July, 2017 by The TZ Newswire Staff

PBOC sets USD/CNY reference rate for today at 6.7922 (vs. yesterday at 6.7889)

The People’s Bank of China refrains from OMOs again today (for the 9th day in a row).
– 90bn yuan matures today, thus it’s a net 90bn yuan drain
Over the past 11 sessions the PBOC has drained net 660bn yuan