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People’s Bank of China  sets yuan midpoint at 7.0731 against the dollar (est 7.0883).  

  • People’s Bank of China said to be gauging demand for 14, 28 & 63 day reverse repos.
  • PBoC injects 30 bln yuan via 14-day reverse repos; results in net drain of 10 bln yuan with 40 bln yuan maturing.