PBOC sets USD/ CNY reference rate for today at 6.7828 (vs. estimate at 6.7344)

PBOC sets USD/ CNY reference rate for today at 6.7828 (vs. estimate at 6.7344)
The PBOC allows the yuan to fluctuate within a +/- 2% range, around this reference rate. More here on this.PBoC injected 447bn yuan through overnight reverse reposinjects 5bn yuan via 7-day reverse repos, 1.4% rate unchanged This article was written by Eamonn Sheridan at investinglive.com.

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