PBOC sets USD/ CNY central rate at 6.9458 (vs. estimate at 6.9135)

The PBOC allows the yuan to fluctuate within a +/- 2% range, around this reference rate.

Previous close 6.9208

Earlier:

• ICYMI bombshell: China tells banks to curb US Treasury exposure, “sell-America” nerves

• PBOC inject 311.4bn yuan via 7-day RRs @1.4%

This article was written by Eamonn Sheridan at investinglive.com.