PBOC sets USD/ CNY reference rate for today at 7.1772 (vs. estimate at 7.1685)

Previous close 7.1715

Injects 202.5bn yuan via 7-day reverse repos At 1.40%

• 135bn yuan mature today
• injects net 67.5bn yuan

This article was written by Eamonn Sheridan at www.forexlive.com.