PBOC CNY reference rate setting for the trading session ahead. The 6.8562 is the strongest since March 24, 2023.
The PBOC allows the yuan to fluctuate within a +/- 2% range, around this rate.
PBOC injects 26bn yuan through 7 day reverse repos at unchanged rate of 1.4%
This article was written by Eamonn Sheridan at investinglive.com.
