Earlier from China: More on urgings by ex-SAFE official for looser yuan FX control

But ... not yet!

And, in open market operations, PBOC to:

  • To inject 130 bn yuan through 7 day reverse repos
  • To inject 120 bn yuan through 14 day reverse repos
  • To inject 30 bn yuan through 63 day reverse repos

Net 140bn yuan injected