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China PBoC Sets Yuan Mid-Point At 7.1108/USD Vs Last Close 7.2477
China PBoC Sets Yuan Mid-Point At 7.1108 / Dollar Vs Last Close 7.2477
— LiveSquawk (@LiveSquawk) June 6, 2024
Added at 9:29pm
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PBOC sets USD/ CNY reference rate for today at 7.1108 (vs. estimate at 7.2436)
PBOC injects 2bn via 7-day RR, sets rate at an unchanged 1.8% • 260bn mature today. • A net drain of 258bn yuan in Open Market Operations (OMOs).