PBOC sets USD/CNY central rate at 6.8898 (vs. Friday at 6.8819)

People's Bank of China yuan reference rate for today

In OMOs

• To inject 20bn yuan through 7-day reverse repos
• To inject 30bn yuan through 14-day reverse repos
• To inject 50bn yuan through 28-day reverse repos

First OMOs after a 6 days of none

On Friday the Bank (through CFETS) set the yuan against its basket at 64.03 (unchanged on the week)

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I posted earlier a guide to PBOC monetary policy: More to print out & stick to the fridge - a quick guide to PBOC policy tools

Here is more: China's Monetary Policy Is Looking Like Alphabet Soup