Home PBOC sets yuan reference rate at 6.8632

PBOC sets yuan reference rate at 6.8632

Published date: 28 Dec. 2018 | 02:32

The People’s Bank of China (PBoC) has set the yuan reference rate for today’s markets at 6.8632, versus yesterday’s rate of 6.8894.

In Open Market Operations, the PBoC also injected a net 220 billion yuan via two separate injections for 150 billion and 100 billion yuan, both into 7-day reverse repos, with 30 billion maturing today.

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