People's Bank of China OMOs for today:

  • To inject 70 bn yuan through 7-day reverse repos
  • To inject 60 bn yuan through 14-day reverse repos
  • To inject 40 bn yuan through 28-day reverse repos

A much weaker CNY today against the USD

On Friday the yuan was set at 94.21 against its basket (94.03 the previous Friday)

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ps. News on yuan liquidity:

Check out the first Chinese bank to continuously stream Chinese yuan quotes to the market

Will do so via FXall and Electronic Trading (both trading platforms owned & operated by Thomson Reuters)