• yesterday's close was 6.3665
  • yesterday's mid point was set at 6.3614

That's the 8th consecutive weakening for the yuan at the central rate setting.

PBOC injects 10bn yuan through 7-day reverse repos today

No net drain or injection for the week

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China data out at the same time:

  • October fiscal revenue 1.44tln yuan, up 8.7% y/y
  • Fiscal expenditures +36.1% y/y