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The PBOC set onshore yuan at its weakest since early November 2022, plus big OMO injection
The reference rate is here, the weakest for onshore yuan since November 10 last year:PBOC sets USD/ CNY reference rate for today at 7.2056 (vs. estimate at 7.2095)In open market operations the PBOC injected 244bn yuan89bn yuan in OMOs matured todaythus the PBOC injected a net 155bn yuanThe rate remained at 1.90%. This article was written by Eamonn Sheridan at www.forexlive.com...
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Posted: Jun 26 2023, 01:25
Author Name: forexlive
Views: 081091