The reference rate for the CNY against the USD
In open market operations, the People’s Bank of China:
– to inject 40 bn yuan via 7 day reverse repos
Net drain of 10bn yuan in OMOs
The reference rate for the CNY against the USD
In open market operations, the People’s Bank of China:
– to inject 40 bn yuan via 7 day reverse repos
Net drain of 10bn yuan in OMOs