The People's Bank of China's Monday reference rate was set at 6.5232, and, in case you've been away for Easter, Friday's reference rate was 6.5223

In Open Market operations, the PBOC injects 60bn yuan today (via 7-day reverse repos)

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A much stronger yuan 'fix' today following the US dollar slipping in overnight trade

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An earlier headline today,

  • The Chinese Academy of Social Sciences (CASS) forecasts GDP growth in China at 6.8% for H1 of this year.