PBOC sets USD/CNY reference rate at 6.7120 on Monday

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PBOC sets USD/CNY reference rate at 6.7120 on Monday
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PBOC sets USD/CNY reference rate at 6.7120 on Monday By anilpanchal7 PBOC USDCNY RiskAppetite CentralBanks China

PBOC injects 10 billion yuan via 7-day reverse repos at 2.10% vs prior 2.10%, said the statement per Reuters. The onshore yuan differs from the offshore one in trading restrictions, this last one is not as tightly controlled.

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