The PBOC allows the yuan to fluctuate within a +/- 2% range, around this reference rate.
- Injects 153bn yuan via 7-day reverse repos in open market operates today. Unchanged rate of 1.4%.
- Hong Kong Monetary Authority says the PBoC will issue CNY-denominated bills in Hong Kong
This article was written by Eamonn Sheridan at investinglive.com.
