PBOC sets USD/ CNY reference rate for today at 6.9057 (vs. estimate at 6.9061)

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

• PBOC injects 137.3bn yuan in 7-day reverse repos at 1.4% (unchanged) in open market operations

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