Home PBOC sets Yuan reference rate at 6.9988 vs. Monday’s 6.9933

PBOC sets Yuan reference rate at 6.9988 vs. Monday’s 6.9933

Published date: 12 Nov. 2019 | 02:22

On Tuesday, China’s central bank, the People’s Bank of China (PBOC), set the Yuan reference rate at 6.9988 versus Monday’s fix at 6.9933.

Meanwhile, the PBOC skips the reverse repos today while keeping the neutral position in open market operations (OMOs).

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