PBoC sets USD/CNY reference rate at 7.1151 vs. 7.1212 previous

Share: On Friday, the People’s Bank of China (PBoC) set the USD/CNY central rate for the trading session ahead at 7.1151 as compared to the previous day’s fix of 7.1212 and  7.1440 Reuters estimates. Th PBiC injects 664 billion Yuan via 7-day RR, setting the rate at an unchanged 1.8%. 352 billion Yuan