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PBOC sets USD/CNY reference rate at 6.3584 vs 6.3521 on Friday

May 7, 2018/0 Comments/in Central Banks, Uncategorized Echo_11 /by euitsols

USD/CNY fixing for the day

PBOC is to skip OMOs today. As there are no reverse repos maturing today, there is no net injection or withdrawal of liquidity on the day.

The central bank comments that the banking system liquidity is at a relatively high level.

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