PBOC injects 180bn yuan via 7-day reverse repos in Open Market operations today.
USD/CNY setting today puts the yuan at its weakest since the 28th of March. I have no recollection March 28 - I was in a chocolate-induced haze for about a week then.
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Note, on Friday CFETS set the index for the yuan at 97.22, the previous Friday's was at 97.38 (i.e. the RMB continues to be set weaker against the PBOC's basket)
