PBOC sets USD/ CNY reference rate for today at 6.8203 (vs. estimate at 6.7770)

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

• Zero 7-day reverse repos in open market operates today. Second day in a row.

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