People's Bank of China (PBOC) sets the USD/CNY mid-point reference rate for today

Another strengthening of the (yuan) mid point today (Monday's mid-point reference rate was 6.3893)

  • Yesterday's USD/CNY close was at 6.3763

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China has injected 150bn yuan into money market

Maturing repos will drain a net 300bn yuan from the banking system this week