PBOC sets USD/ CNY mid-point today at 6.8908 (vs. Friday at 6.8750) - ConsultFX

PBOC sets USD/ CNY mid-point today at 6.8908 (vs. Friday at 6.8750)

On Friday CFETS set the yuan at 93.28, barely changed from the previous Friday at 93.27 - PBOC injects 160bn yuan through 7 day reverse repos - net 160bn yuan injection (no RRs mature today) First PBOC open market operation in 36 sessions... had skipped OMOs for 36 consecutive sessions, longest ever since starting the policy in 2016.