PBOC injects CNY 60bn via 7-day reverse repos on Thursday

FX Street

Updated: 22 Aug. 2019 | 03:47

The People’s Bank of China (PBOC), Chinese central injected CNY 60bn through 7-day reverse repos today.

Meanwhile, CNY 30bn mature today, therefore, a net drain of CNY 30bn.

PBOC continues to set a weaker Yuan midpoint rate beyond the 7.0 level.

PBOC sets Yuan reference rate at 7.0490

FX Street

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