Home PBOC sets USD/ CNY reference rate at 6.3962 vs. 6.3867 Friday’s close

PBOC sets USD/ CNY reference rate at 6.3962 vs. 6.3867 Friday’s close

Updated: 28 May. 2018 | 03:41

On Monday, the People’s Bank of China (PBOC) set the USD/CNY midpoint rate at 6.3962 vs. 6.3867 Friday’s close.

PBOC injected 20bn Yuan through 7-day reverse repos and 10bn Yuan via 28 day reverse repos in open market operations (OMOs) today.

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