PBOC sets USD/CNY reference rate for today at 6.4920 (vs. yesterday at 6.5079)

Author: Eamonn Sheridan | Category: Central Banks

And, on money markets the People's Bank of China has skipped Open Market Operations again today, for the 8th day in a row

You cannot get enough Skippy

  • Bank says current liquidity is at a relatively high level
A net drain of 90bn yuan